Armenian Prime Minister Nikol Pashinyan said at a government meeting that cashless payments exceed cash payments this year.

Armenia's financial market in terms of banks is quite successful, Armen Hovhannisyan, head of investment banking at Dimension Investments, believes.

ARKA News Agency announces the launch of the updated banking portal Armbanks.am, which has become more up-to-date and functional.

The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

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

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

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

Armenian Prime Minister Nikol Pashinyan said at a government meeting that cashless payments exceed cash payments this year.

ARKA News Agency announces the launch of the updated banking portal Armbanks.am, which has become more up-to-date and functional.

ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.

The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).

On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.

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.

Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook

In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path

Andranik Grigoryan, the CEO of Converse Bank, addressed key topics in an interview with AmCham magazine, including customer interests, digital financial services improvement, and Converse Bank's digital team organization. Read the full interview with Andranik Grigoryan