In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
Armenia's investment climate is undergoing significant changes, and the financial market is becoming more active. Armen Hovhannisyan, Director of investment banking at Dimension Investments, speaks in an exclusive interview with ARKA news agency about the barriers to development, tools for accelerating growth, as well as the prospects of venture capital.
On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.
Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.
Winemaking advances to the mountains: at an altitude of 2080 meters above the sea level, next to Smbataberd and Tsaghats Kar, is the organic vineyard of Maran company. The Company has founded the highest vineyard in the organic world with the philosophy of preserving and balancing biodiversity
The participants of the three-day international conference on organic agriculture, nature protection and poverty reduction, initiated by the Germany's Nature and Biodiversity Conservation Union (NABU), have revealed Armenia’s eco-potential
The Acba Bank and Germany's Nature and Biodiversity Conservation Union (NABU) have reviewed the results of a competition announced as part of a jointly implemented program "Development of organic agriculture" in 2020-2021, the press service of the bank reported today
ACBA-CREDIT AGRICOLE BANK, in partnership with the Germany’s Nature and Biodiversity Conservation Union (NABU), assisted in the accomplishment of the Armenian brand of herbal teas Darman, the press service of the bank reports
The ACBA Federation and the German Nature and Biodiversity Conservation Union (NABU) were instrumental in opening a honey tasting room in the village of Martuni, the ACBA -CREDIT AGRICOLE BANK said in a news release today
The Tatoyan family in the village of Nerkin Getashen has turned a watermill, built back in the 1800s, into a real time machine, the ACBA - CREDIT AGRICOLE BANK said in a press release
The ACBA-CREDIT AGRICOLE BANK in cooperation with the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, organized a training for about 250 farmers, experts, heads of laboratories and business entities engaged in organic agriculture, to share new knowledge and skills, the Yerevan-based bank said in a news release today
The ACBA-CREDIT AGRICOLE BANK and the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, have summed up the results of a competition announced as part of their jointly implemented program "Development of Organic Agriculture 2019-2020."
The ACBA Federation in cooperation with the Armenian branch of the Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, summed up the results of a grant competition
ACBA-CREDIT AGRICOLE BANK and NABU, a German non-governmental nature protection organization, have announced the launch of Organic Agricultural Development Program for 2019 and 2020
ACBA-CREDIT AGRICOLE BANK in cooperation with Nature and Biodiversity Conservation Union (NABU), one of the oldest and largest environment associations in Germany, begins the second free program "Certification of Organic Products."