Initiated by the Union of Banks of Armenia (UBA), the Raiffeisen Banking International (RBI) corporation hosted the first "Days of Armenian Banks" in Vienna, aimed at enhancing collaboration between the financial sectors of Armenia and Europe.
For several months, four children with special needs from the Arvestaran educational and cultural center have been actively engaged in the Loshik social entrepreneurship program.
Armenian banks are consistently implementing new systems to safeguard their clients, including the utilization of AI technologies. However, protection may become unattainable if individuals are careless with their data, stated Martin Galstyan, Chairman of the Central Bank.
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.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
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.
Initiated by the Union of Banks of Armenia (UBA), the Raiffeisen Banking International (RBI) corporation hosted the first "Days of Armenian Banks" in Vienna, aimed at enhancing collaboration between the financial sectors of Armenia and Europe.
For several months, four children with special needs from the Arvestaran educational and cultural center have been actively engaged in the Loshik social entrepreneurship program.
Armenian banks are consistently implementing new systems to safeguard their clients, including the utilization of AI technologies. However, protection may become unattainable if individuals are careless with their data, stated Martin Galstyan, Chairman of the Central Bank.
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.
On Wednesday, the Central Bank of Armenia convened a meeting with a delegation from the IMF mission to Armenia, as reported by the regulator's press service.
n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.
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.
The two-year strategy for the development of the CMTPL sphere, approved in Armenia at the beginning of 2025, is an important step for the development of this market segment, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia, Chairman of the Board of the Auto Insurers Bureau, at an event dedicated to the 15th anniversary of the Bureau.
The Central Bank of Armenia warns motorists against a new type of fraud, saying in a statement that after looking into a set of reports and notifications of citizens, it has been found that recently there has been an increase in cases when unknown persons present themselves as employees of insurance companies and offer to conclude compulsory motor third-party liability insurance (CMTPL) contracts remotely.
The impact of the war in Ukraine and sanctions on Russia are likely to be significant given Armenia’s strong economic links with Russia, according to the World Bank's Europe and Central Asia Economic Update, Spring 2022 report. The WB has downgraded its growth forecast for Armenia for 2022 to 1.2% from the pre-war 5.3%.
Six Armenia-based insurance companies collected a total of 29.9 billion drams in the first 9 months of 2019 as premiums for mandatory insurance of vehicles and paid 16.7 billion drams in damage compensation claims
Six Armenia-based insurance companies collected a total of 22.5 billion drams of insurance premiums in the first 9 months of 2015, a 0.13% year-on-year growth
On January 1, 2013 Armenia began introducing the so-called bonus-malus system designed to reduce an insurance premium, especially one covering a motor vehicle, if no claims have been made within a specified period
Armenia’s insurance companies, mandatory car insurance market leaders for collected insurance premiums and paid compensations, have collected AMD 7.89 billion or 65.2% of the market’s premiums over the period between January 1 and June 30.
