All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.
In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.
VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.
Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.
In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .
As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."
Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."
In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.
The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.
In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.
VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.
Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.
In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .
As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."
Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."
In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.
The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
YEREVAN, January 19, /ARKA/. Moody's Investors Service ("Moody's") has today assigned Ba3 foreign and local-currency insurance financial strength ratings (IFSRs) to Export Insurance Agency of Armenia ICJSC (EIA). The outlook is stable.
Citing the Moody's Investors Service affirmation of the Government of Armenia's Ba3 local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating with the outlook remaining stable, Finance Minister Tigran Khachatryan said it is a very important signal for international investors
Moody's Investors Service ("Moody's") has affirmed August 31 the Government of Armenia's Ba3 local and foreign currency long-term issuer ratings and foreign currency senior unsecured rating. The outlook remains stable
The development of the conflict in Nagorno-Karabakh could lead to devastating consequences for the banking sectors of Armenia and Azerbaijan, according to the review of the rating agency Moody's, published by RBC
Moody's Investors Service ("Moody's") has assigned a corporate family rating (CFR) of B2, probability of default rating (PDR) of B2-PD to Zangezur Copper Molybdenum Combine CJSC (ZCMC), one of the largest exploration and mining companies in Armenia. The outlook is stable
In the Banking System Outlook for Armenia, Moody’s Investors Service said its positive outlook for Armenian’s banking system is driven by robust economic growth which leads to asset quality improvements
Banks in the Commonwealth of Independent States generally have weaker corporate governance than peers in other regions and this is harming their credit profiles
The outlook for non-financial companies in the Commonwealth of Independent States (CIS) for 2019 is stable, Moody's Investors Service said in its annual outlook on the region
Loan books and deposit bases at banks in Russia and other members of the Commonwealth of Independent States (CIS) will continue to be highly concentrated on a small group of large corporates
Moody's Investors Service ("Moody's") has changed the outlook on Armenia's rating to positive from stable and affirmed the B1 long-term issuer and senior unsecured debt ratings
Armenia’s Finance Minister Vardan Aramyan met today with a group of analysts of the international rating agency Moody's Investors Service, who had arrived in Armenia to review the sovereign rating of the country
