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.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
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 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.
Armenia's Central Bank is investigating possible vulnerabilities in the protection of online express lending systems due to the increasing number of fraud cases, Central Bank head Martin Galstyan said.
Compared to previous surveys, market participants' expectations regarding the Central Bank of Armenia's refinancing rate have slightly adjusted downwards, reflecting the trajectory of a gradual reduction in the refinancing rate over the next eight decisions.
VTB (Armenia) acted as a partner of the annual championship of the intellectual game "What? Where? When?" that involved teams from financial and IT companies of the country.
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
ARKA News Agency has released the ranking of the biggest profit-gainers among Armenia's commercial banks for Jan-Sept 2019. The Armenian banking sector's aggregate net profit for Jan-Sept 2019 amounted to AMD 60.9 billion against the AMD 51.7 billion of the same period a year before showing a 18% year-on-year growth. All the 17 banks of the country operated with profits
Armenian Finance Minister Vahe Hovhannisyan discussed today the 5th revision of the Stand-By Arrangement (SBA) at a meeting with IMF Armenian mission chief Iva Petrova.
An agreement on financial cooperation has been signed between the governments of Armenia and Germany, as reported by Armenian Minister of Economy Gevorg Papoyan on his Facebook page.
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Deputy Prime Minister of Armenia Mher Grigoryan met with the Director General of the Central and West Asia Department of the Asian Development Bank (ADB), Yevgeny Zhukov.
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.
Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.
Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).
In January-December 2024, the net inflow of remittances to Armenia decreased by 34.8%, with a decline of 52.3% from the Russian Federation and 3.5% from other countries.
Acting as an agent of the Armenian Ministry of Finance, VTB Bank (Armenia) enables its clients to buy government bonds in the primary securities market
The level of Armenia's public debt to GDP by the end of 2020 will be 66.5%, against 49.9% in 2019, and in 2021 it will reach 67%, Armenian Finance Minister Atom Janjughazyan said on Tuesday
As of 18:00 on Wednesday, March 25, 2,582 transfer transaction totaling over 512.6 million drams (about $ 1.033 million) have been carried out to a special account to support the struggle against coronavirus in Armenia, the press service of the Armenian government reports referring to the finance ministry
Armenia’s state debt amounted to $6.7 billion in late December 2017, Minister of Finance Atom Janjughazyan said today during a parliamentary hearing on the implementation of the government’s budget in 2017
In late March, 2018 Armenia’s total state debt stood at $6.887.1 billion, having increased by 0.52% or $35.9 million over the previous month, the National Statistical Service (NSS) reported
Although Armenia's aggregate state debt is likely to hit $7 billion by the end of 2018, the country will not default, finance minister Vardan Aramyan told journalists on Thursday
The National Assembly of Armenia is discussing today the government-proposed amendments to the state debt law that imply removal of the central bank's debt from 'state debt' concept
Armenia’s total state debt reached $4 658.9 million by late April 2015 after growing 6% since the beginning of this year, the National Statistical Service of Armenia report
