In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.
The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand, stated the head of the bank, Martin Galstyan.
The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.
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.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.
In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.
In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'
EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment 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
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.
The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand, stated the head of the bank, Martin Galstyan.
The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.
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.
The combined loan portfolio of 17 Armenia-based commercial banks upped by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by the ARKA news agency.
Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.
In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.
In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.
In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'
EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment 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
Interest in financial markets is growing in Armenia, and more and more people are thinking about how to build long-term capital. Many don't know where to start or how to avoid mistakes.
The need to improve financial literacy is increasingly being discussed in Armenia, but what does this really mean, and why is it important not only for individuals but for the entire economy?
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
Starting January 1, 2025, Armenia will introduce legislative changes affecting the refund of income tax on mortgage interest payments, the State Revenue Committee of Armenia announced on Wednesday.
Consumer lending in Armenia is not booming, but mortgage lending has intensified, Chairman of the Central Bank Martin Galstyan told reporters on Tuesday
In 2020, Armenia's State Revenue Committee refunded a total of 13.3 billion drams in individual income taxes to mortgage borrowers so that they could use the money to pay interests on their mortgage loans, Deputy Finance Minister Arman Poghosyan said during a meeting of the parliamentary committee on economic issues on Wednesday
The mortgage lending by Armenia-based commercial banks has almost doubled, Armenian Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday
The loan portfolios of Armenian commercial banks grew by 14.4% in 2019 July as opposed to 2018 July, the head of the Union of Banks of Armenia and CEO of Ameriabank Artak Hanesyan told reporters today
The Yerevan-based VTB Bank (Armenia) said today it has launched a new program designed for refinancing / repurchasing mortgage loans from other banks and credit institutions
In a live Facebook stream on August 22 evening Armenian Prime Minister Nikol Pashinyan said he expects mortgage rates to drop further. According to him, over the past three months, mortgage lending rates have decreased by 1-1.5%
Armenian Prime Minister Nikol Pashinyan, speaking live for Facebook users on Sunday, said a mortgage lending program with the lowest ever interest rates will be launched in Armenia soon
Unibank offers mortgage loans without prepayment at primary and secondary markets for acquisition of residential accommodation and premises for business, the press office of the bank reported on Wednesday
Starting from July 13, 2016, discount bonds issued by “National Mortgage Company” Refinancing Credit Organization CJSC (RCO CJSC) will be admitted to trading on NASDAQ OMX Armenia and included in the bonds free market (Cbond), NASDAQ OMX Armenia stock exchange said today
The chairman of the Union of Banks of Armenia Samvel Chzmachyan predicted today a 10-20% rise in mortgage lending this year, citing the findings of a survey conducted by the union among Armenian commercial banks
