Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
Armenia plans to extend the cashback program for non-cash payments for pensioners and benefit recipients until December 31, 2026, announced RA Minister of Labor and Social Affairs Arsen Torosyan.
Acba Bank and Proparco, a member of the French Development Agency, reviewed the results of their year-long cooperation. A year ago, Proparco became a shareholder in Acba Bank, acquiring a 10% stake, the bank's press service reported.
In September, commercial bank deposits grew 1.1 percent (mom) and credit expanded 2.1 percent. This is stated in the World Bank’s review “Armenia Monthly Economic Update – November 2025”.
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.
Armenia's state budget for the first 10 months of 2025 was executed with a deficit of 229.7 billion drams, compared to a deficit of 211.5 billion drams for the same period last year.
At a meeting on Thursday, the Armenian government approved the ratification of a loan agreement with the International Bank for Reconstruction and Development (IBRD) for the €120.5 million tourism and regional infrastructure program in Armenia.
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.
The average market exchange rate for the US dollar to the Armenian dram on October 29, 2025, fell by 0.16 points compared to October 28, reaching 382.62 drams.
The average market exchange rate of the U.S. dollar to the Armenian dram on March 18, 2025, totalled 391.56 drams, down 0.78 points compared to March 17.
The average market exchange rate of the US dollar to the Armenian dram on February 18, 2025, totalled 396.23 drams, down 0.16 points compared to February 17.
The UNISTREAM Bank earned a record high profit of 224 million Russian rubles in 2017, saying its net income saw a growth of 29% when compared to the previous year amounting to 2.1 billion rubles
Russia’s law enforcement agencies found 80,243 fake units (mostly banknotes) of the Russian currency in 2014 – by 8,810 more than a year before, Banki.ru reports referring to the central bank’s report on forgery in Russia’s banking sector
An economist Ashot Tavadyan attributed today the strengthening of Armenia’s national currency, the dram, to the stabilization of the Russian national currency, the ruble
Russia will lose one trillion rubles in revenue in 2015 because of worsening external economic situation, slowing domestic economic growth and reduction in imports, Russian Finance Minister Anton Siluanov said Wednesday when speaking at the Federation Council, the upper chamber of Russian parliament
The ongoing plunge of Russian ruble could lead to the replacement of Armenia-made goods by Russian-made, warned today an ex-head of the Central Bank of Armenia Bagrat Asatryan
