Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 5, 2025, amounted to 394.3 drams, up 0.44 points compared to March 4.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
A hypothetical ceasefire between Russia and Ukraine would not have a significant immediate impact on the banking sector of Central Asian and Caucasus countries, including Armenia, Azerbaijan, Georgia, Kazakhstan and Uzbekistan, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.
Head of Armenia's State Revenue Committee Eduard Hakobyan met with Soso Ramishvili, Head of the Investigation Service of the Georgian Ministry of Finance, within the framework of his visit to Tbilisi.
The total public debt of Armenia as of January 31, 2025, amounted to $12,886.996 million, an increase of $44.756 million compared to December 31, 2024.
In February of this year, the 12-month inflation in Armenia's consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.
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.
Taking place in April 2025 in Yerevan, FINTECH360 will bring together over 200 participants, including leading experts from the banking and payments industry, top IT executives, and fintech startups.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 5, 2025, amounted to 394.3 drams, up 0.44 points compared to March 4.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
A hypothetical ceasefire between Russia and Ukraine would not have a significant immediate impact on the banking sector of Central Asian and Caucasus countries, including Armenia, Azerbaijan, Georgia, Kazakhstan and Uzbekistan, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.
Head of Armenia's State Revenue Committee Eduard Hakobyan met with Soso Ramishvili, Head of the Investigation Service of the Georgian Ministry of Finance, within the framework of his visit to Tbilisi.
The total public debt of Armenia as of January 31, 2025, amounted to $12,886.996 million, an increase of $44.756 million compared to December 31, 2024.
In February of this year, the 12-month inflation in Armenia's consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.
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.
Unibank said today it has issued US dollar–denominated bonds with high annual coupon yield of 4.8% to the tune of $5 million and 36 month circulation term. According to the bank, coupon income will be paid quarterly
Converse Bank said today it is displaying a number of attractive products at Armenia EXPO, such as BRIDGE loans, export loans and pre-export finance, Converse Trade and government-subsidized agricultural loans
VTB Bank (Armenia) said today that education loans with better terms are now available not only for the payment of fees of students majoring at universities but also at paid private schools. Besides
VTB Bank (Armenia) said its clients can now claim mortgage loans up to 25 million drams for buying or building/repairing homes at 11.5% and 12.5% interest rates respectively
As part of a joint program ‘Energy Efficiency for SMEs’ implemented with the German KfW Bank, ACBA-CREDIT AGRICOLE BANK has unveiled a new loan product designed for small and medium-sized businesses to improve their energy efficiency
VTB Bank (Armenia), as an agent of Armenia’s flagship insurance companies, offers beneficial insurance products, which can be acquired right in the bank, without visiting insurance companies’ offices
A local law firm ‘European Legal Service’ has begun sales of certificates for a service called "Personal Lawyer", accepting payment for the service through VTB Bank (Armenia)
A delegation from the Yerevan-based Unibank is showcasing its products and services at "Armenia EXPO" exhibition that kicked off today in the Iranian capital Tehran, Unibank said in a press release
Armenia-based Araratbank said today it has joined the Unistream system of money remittances, which can be made also online by visiting its official website
The Yerevan-based Unibank said today individuals and legal entities that prefer to keep their savings in Armenia’s national currency, the dram, or Russian rubles, may sign contracts for AMD/RUR deposits
