On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
Unibank has made the issuance of digital Visa cards fee free for resident clients. Cards can be obtained instantly through the UNIMobile application by selecting the preferred design and currency — Armenian dram, US dollar, or euro.
The tax authorities of Russia and Armenia exchange bank account information only upon a specific request, Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan told Radio RBC.
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.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
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.
On the eve of International Students’ Day, a group of Yerevan State University students who have received scholarships from Byblos Bank Armenia in recent years met with the Bank’s CEO, Hayk Stepanyan, honoring an annual tradition.
Unibank has made the issuance of digital Visa cards fee free for resident clients. Cards can be obtained instantly through the UNIMobile application by selecting the preferred design and currency — Armenian dram, US dollar, or euro.
The tax authorities of Russia and Armenia exchange bank account information only upon a specific request, Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan told Radio RBC.
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.
From January to October 2025, 70.1 billion drams of the planned 72.2 billion drams of Yerevan's budget revenues were actually collected, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
In 2025, the participation of foreign investors in Armenia's domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.
The financial literacy regarding banking services among the Armenian populace has seen a notable increase in recent years, stated Georgi Melkonyan, the head of Freedom Academy Armenia.
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.
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)
