Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
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.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
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.
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.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
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.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
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.
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
At a meeting on Thursday, the Armenian government approved the signing of a loan and grant agreement with the Asian Development Bank (ADB) for the Transformative Housing Reforms for Improved Vitality and Empowerment (THRIVE) Program.
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.
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.
Some 691.5 million drams (almost $1.4 million) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported
Taking into account the fact that due to the situation around the spread of coronavirus /COVID-19/, some customers of "HSBC Bank Armenia" CJSC may face problems in meeting the loan obligations stipulated in their agreements, as well as with the purpose of assisting its customers in overcoming their financial difficulties, the Bank provides some preferences to clients
Some 100 million drams (almost $225 thousand) have been raised so far to support the Armenian government's efforts to contain the spread of coronavirus Covid 19, the Ministry of Finance reported
The reduction in loan and deposit interest rate spread will slow down, said Andranik Grigoryan, the head of financial system stability and development at the Central Bank of Armenia (CBA)