Within the framework of the second international conference "Global Gateway" in Brussels, Armenian Prime Minister Nikol Pashinyan met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso.
The international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
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 the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
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.
Within the framework of the second international conference "Global Gateway" in Brussels, Armenian Prime Minister Nikol Pashinyan met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso.
The international rating agency Moody's has assigned Armenian Acba Bank a long-term national and foreign currency deposit rating, along with an issuer rating of Ba3, which comes with a stable outlook, as reported by the bank's press service.
Istak Distillery is crafting the Armenian calvados "Сharline" from apples that have matured under the Armenian sun, utilizing French technology, as reported by the press service of Aсba Bank.
During a meeting held on Thursday, the Armenian government decided to extend the final access period for loans from the European Investment Bank (EIB).
With the backing of VTB (Armenia), a concert featuring Maestro Valery Gergiev and the Mariinsky Theater Symphony Orchestra took place at the Aram Khachaturian Concert Hall.
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 the first half of 2025, foreign investment inflow into the real sector of the Armenian economy reached 47,955.2 million drams, which is a decrease of 59,317.5 million drams compared to the same period in 2024.
In its weekly macroeconomic review, the Eurasian Development Bank (EDB) has maintained its forecast for consumer price growth in Armenia, indicating that it will remain within the target range set by the Central Bank for this year.
In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.
Effective January 1, 2026, the cashback rate for pensioners and benefit recipients on cashless transactions for purchases and housing and utility services will rise to 20%, up from the current 12%, as announced by Minister of Labor and Social Affairs Arsen Torosyan.
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.
On September 30, 2021, the volume of assets managed by Amundi-ACBA Asset Management reached 220 billion drams, having increased by more than 7 billion drams in the third quarter alone, the press service of Acba bank reported today
AraratBank wraps up the 2020 fiscal year with the profit of 1.3 billion Armenian drams, which is a sufficient result in the conditions of the crisis driven by the COVID-19 pandemic and the war, the Bank said today in a press release
VTB Bank (Armenia) CJSC has published its annual financial statements for 2020 in accordance with International Financial Reporting Standards (IFRS), the press service of the bank reported
Seventeen Armenia-based commercial banks earned a total of 78 billion drams in profit in 2019, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters on Friday
Armenian banks' total net profit in 2019 increased by 39.7% year-on-year to 78.8 billion drams compared to 56.4 billion drams in 2018, according to the banks' statements published in accordance with international IFRS
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
Seventeen Armenia-based commercial banks earned a total of 60.9 billion drams in profit in the first nine months of 2019, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday
The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 45.2% to 16 billion drams from 29.3 billion drams in the first quarter of 2018, according to the banks’ statements
