At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
At the exhibition titled "Banks on One Platform," organized by the Union of Banks of Armenia Banks in Syunik, Aсba Bank showcased its programs and financing options available for local small and medium-sized enterprises (SMEs) – including manufacturers, farmers, and individuals, as reported by the bank's press service.
The volume of loans issued by Armenian commercial banks as of the end of September 2025 amounted to 7,497,746 million drams, compared to 7,362,263 million drams at the end of August, according to data from the Statistical Committee of the Republic of Armenia.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
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.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
According to a report from the Central Bank, the net inflow of cross-border non-commercial money transfers received via Armenian banks reached $1.02 billion from January to September 2025, up from $888 million during the same period in 2024.
Macroeconomic stability has emerged as Armenia's hallmark, characterized by robust economic growth and minimal inflation, as stated by Central Bank Governor Martin Galstyan.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
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.
