For the fifth time, with the support of Acba Bank, Yerevan is hosting the most anticipated event of the first week of June — the Yerevan Wine Days festival, which tells the world about the unique and thousand-year-old traditions of Armenian winemaking, the bank’s press service reports.
Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-April 2025 amounted to $273.4 million against $327.5 million in January-April 2024, according to the report of the Central Bank of the Republic.
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 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
For the fifth time, with the support of Acba Bank, Yerevan is hosting the most anticipated event of the first week of June — the Yerevan Wine Days festival, which tells the world about the unique and thousand-year-old traditions of Armenian winemaking, the bank’s press service reports.
Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.
The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-April 2025 amounted to $273.4 million against $327.5 million in January-April 2024, according to the report of the Central Bank of the Republic.
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 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.
In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
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.
The board of the Central Bank of Armenia decided Tuesday at its meeting to leave the key refinancing rate unchanged - at 5.5%, the press office of the regulator reports
Interest rates on short-term and long-term deposits in the national currency, the dram, increased on average by 1.1% in October to 14.8%, the Central Bank of Armenia said today
The exchange rate of Armenia’s national currency in a balanced state, Vache Gabrielyan, the vice-premier and the minister of international integration and reforms, said on Wednesday
Interest rates on loans in Armenian national currency, the dram, may drop depending on inflation forecasts, monetary policies and the refinancing rate, a deputy governor of the Central Bank, Nerses Yeritsyan, told the parliament on Tuesday
The Bank of Russia left the key interest rate unchanged Friday at 11%, citing ruble-driven inflationary risks, and said that its further rate decisions will depend on the risks of inflation and cooling of the economy
Interest rates on short-term and long-term loans provided by Armenian banks grew in July, according to a statement placed on Central Bank’s official website
The European Central Bank (ECB) governing board voted today to keep the benchmark refinancing rate at its current all-time low of 0.05%, Finmarket.ru reported
Fitch Ratings said it has assigned Dilijan Finance B.V.'s upcoming issue of senior unsecured notes an expected Long-term rating of 'B+(EXP)' and a Recovery Rating of 'RR4'. These limited recourse notes are to be used solely for financing a US dollar-denominated loan to Ardshinbank CJSC (Ardshin)
Brazil’s antitrust agency is investigating banking giants Citigroup Inc., HSBC Holdings PLC, Deutsche Bank AG and a long list of their peers on suspicion of forming a cartel to manipulate the exchange rate of the Brazilian currency, the real, The Wall Street Journal reports
In a surprise move, Sweden’s central bank on Thursday cut its main interest and increased its bond buying program as it stepped up its battle to raise inflation amid rising economic uncertainty triggered by the Greek crisis, vestifinance reports citing The Wall Street Journal (WSJ)
