From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
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.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.
Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.
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.
From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.
The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.
Unibank is pleased to announce its A-Level membership in the Armenia British Business Chamber (ABBC), marking an important milestone in strengthening its international cooperation and actively engages with the global business community.
At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.
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.
Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.
The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.
Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.
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.
Loan investments and leasing transactions by Armenia’s credit organizations rose to 159.1 billion drams as of the end of September, an increase of 19.3 billion drams or 13.8% compared to end of 2012 level
The total amount of liabilities of Armenian credit institutions in the third quarter of 2013 increased by 4.7 % year-on-year to 122.5 billion drams, the Central Bank said in a survey of their performance in the third quarter
The retained profit of 33 Armenia-based credit organizations surged by almost 14 percent in the third quarter from the year before to about 4.3 billion drams, the Central Bank said in the survey of their performance in the third quarter
Combined liabilities of 33 credit organizations in Armenia increased by 5.88 percent (6.5 billion drams) in the second quarter of 2013 to about 117.3 billion drams, according to an ARKA study
Loan investments and leasing operations of Armenia’s credit organizations climbed by 11.1% to 155.4 billion drams as of the end of June 2013, from December 31 the year before
. Total liabilities of credit organizations of Armenia to banks, were over 34.6 billion drams as of December 31, 2012, an increase of 676.2 million drams or 1.9% as compared to the third quarter
In an interview with Kapital daily, Ararat Ghukasian, the chairman of the Union of Armenian Banks, disagreed with international lending organizations’ opinion that toughening risk management is a major problem of the country’s banking sector.
Armenian credit organizations’ liabilities totaled AMD 53.8 billion by late September after reducing 3.9% over the third quarter, the Central Bank of Armenia said in its quarterly review.
Vahe Vardanyan, chief of Armenian Central Bank’s division for regulating financial system policy, speaking Wednesday at an annual assembly of Association of Credit Organizations of Armenia, expressed satisfaction at management at Armenian credit organizations.
