At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.
Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
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.
In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
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.
At a meeting on Thursday, the Armenian government approved measures and procedures for providing cashback on non-cash payments made by individuals through the Armenian Card (ArCa) national payment system.
The IMF views Armenia's banking system as well capitalized and liquid, said Umang Rawat, IMF Resident Representative in Armenia, in an interview with ARKA news agency.
Unibank has completed the placement of a new issuance of dram denominated perpetual bonds ahead of schedule. In total, perpetual bonds worth AMD 6.5 billion and USD 9 million were placed in December, resulting in heightened activity in Armenia’s securities market.
Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.
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.
In November, annual inflation in Armenia fell to 3.1%, down from 3.7% in October, according to the World Bank's "Armenia Monthly Economic Update – December 2025."
In October, net non-commercial remittances sent to Armenia grew by 31.2% (annualized) compared to 16.2% in September, according to the World Bank’s "Armenia Monthly Economic Update - November 2025" report.
Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."
Armenian Minister of Labor and Social Affairs Arsen Torosyan denied rumors that welfare recipients and pensioners will be prohibited from withdrawing cash starting January 1, 2026, calling them a "blatant lie."
Armenia's total public debt as of October 31, 2025, amounted to $14,173.212 million, a decrease of $22.676 million compared to September 30, 2025. This is stated in a report by the Statistical Committee of Armenia.
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.
Armenian President Armen Sarkissian received today the Chairman of the Central Bank Martin Galstyan, who, according to Sarkissian's press office, told the president about what the regulator was doing to contain the inflation and ensure the normal functioning of the financial system of the country
Armenian President Armen Sarkissian received Wednesday the Head of the Armenian Office of the Asian Development Bank (ADB) Paolo Spintigati, the presidential press office reports
ICICI Bank said earlier this week its non-executive chairman KV Kamath had relinquished his position at the bank to take over as the head of the BRICS-promoted New Development Bank (NDB)
Introducing a single Eurasian Economic Union (EEU) currency will require a long period of time, some ten to fifteen years, head of the Union of Banks of Armenia Samvel Chzmachyan said in his interview to ARKA
Armenia’s reserves are sufficient for prevention of financial instability, Armenian president Serzh Sargsyan said at a New Year reception in the central bank
European Central Bank (ECB) president Mario Draghi was today unveiled as ‘governor of the year' and the People's Bank of China (PBoC) as ‘central bank of the year' in the inaugural Central Banking awards
Cyprus has earmarked 340 million euros ($467.5 million) to help combat joblessness, which is expected to peak next year at over 19 percent in the bailed-out country, The Washington Post reported referring to AP
EBRD President, Sir Suma Chakrabarti will have a press conference on Friday, 19th July at 17:30 at the Elite Plaza in Yerevan, dedicated to his first official visit to Armenia as part of his tour of the South Caucasus countries.
