Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.
Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.
Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.
The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.
Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.
Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.
The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.
As of December 31, 2025, Armenia's total public debt was recorded at $14,531.3 million, an increase from $12,842.2 million on December 31, 2024, according to data from the Ministry of Finance. This marks a 13.1% rise over the year.
At the end of 2025, Armenia's state budget deficit will not exceed 5% instead of the planned 5.5%, resulting in public debt not exceeding 50% of GDP, Armenian Finance Minister Vahe Hovhannisyan announced Wednesday in parliament during the final discussion of the 2026 budget.
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.
According to Finance Minister Vahe Hovhannisyan, the risk premium on Eurobonds issued by Armenia in 2025 has decreased after the signing of the Washington Declaration.
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.
Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.
