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 market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.
International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.
The Central Bank of Armenia (CBA), with technical assistance from the European Bank for Reconstruction and Development (EBRD) and financial support from the Japanese government, has introduced master documentation for derivatives and repurchase transactions that is governed by Armenian law.
Armenia's Investigative Committee, together with the Central Bank, are set to develop a string of tools and mechanisms that will help prevent fraudsters from stealing citizens' money, the head of the Investigative Committee Artur Poghosyan said today in parliament.
The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.
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, amounted to $87.5 million in January-February 2025, compared to $153.9 million in January-February 2024, according to the report from the Central Bank of Armenia.
Regarding crypto-assets, the Central Bank of Armenia is trying to balance the opportunities and risks for the economy, Levon Sahakyan, a member of the Central Bank Board, said at the III Capital Markets Armenia conference organized by Cbonds.