Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.
Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.
Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.
The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
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
Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.
Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.
Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.
The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
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
The Armenian Incecobank has denied today concerns of some parliament members that its accusation of 100% shares of ProCredit Bank will result in massive layoffs
Taron Ganjalyan, executive director of Inecobank, which bought 100% of ProCredit Bank’s shares on Thursday, told journalists that the ProCredit Bank’s team will continue working
A gunman with sports cap rushed into ProCredit Bank's office in Yerevan's Komitas Street on Tuesday and, turning his gun on the bank officers, took around 16,000 US dollars and 1,300,000 Armenian drams ($2,700) from there, according to shamshyan.com
ProCredit Bank’s outstanding loan portfolio amounted to more than $82 million, and deposits totaled about $38 million in late 2012, the press office of the bank reported on Tuesday
ProCredit Bank intends to build up its business lending portfolio from present $54.5 million to $96.5 million in 2012, Asmus Rotne, executive director of the bank, said Tuesday at a news conference.
