The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
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 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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
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.
The Armenian government is expected to allocate 205 million drams to continue a program designed to stimulate the economic activity of individuals with bad loans in June and July of 2025.
One of the most anticipated events in the Armenian tech community, Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.
14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.
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 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
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.
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.
Armenian citizens are aware of the financial ombudsman’s services in the country, but prefer to assert their rights through the courts, the head of trustees’ board of Armenia’s Ombudsman Office and member of the central bank board Armenak Darbinyan said at the sixth international conference on financial ombudsman’s services in Yerevan on Tuesday
Armenia’s financial ombudsman office received 3,244 finance-related complaints in 2014 - 62% more than it received in 2013, the office’s press service reports
Armenian financial ombudsman’s office received 850 complaints over the first quarter of this year, and this is 91.44% more than it received over the same quarter a year earlier, the office reports in its 1st Q report
Russian ministry of finance is considering submitting a financial ombudsman bill to the government by the end of April, head of insurance regulation policy department of the ministry Dmitry Nikulshin said
The Armenian ombudsman’s office has received 3,221 complaints since January 2009 and over AMD 228 million has been paid to claimants, Armenian Financial Ombudswoman Piruz Sargsyan said Thursday while summarizing the results of her office’s 2012 activity
Enhancement of public awareness and confidence should safeguard effectiveness of Financial Ombudsman Office’s activity, France’s Insurance Ombudsman Francis Frizon told.
