In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
All commercial banks operating in Armenia in January-June 2025 were included in the list of the 1,000 largest taxpayers for the period, having paid more than AMD 107.76 billion to the state budget.
n May, net non-commercial money transfers continued robustgrowth, at 19.5 percent (yoy),- stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
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.
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
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.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
All commercial banks operating in Armenia in January-June 2025 were included in the list of the 1,000 largest taxpayers for the period, having paid more than AMD 107.76 billion to the state budget.
n May, net non-commercial money transfers continued robustgrowth, at 19.5 percent (yoy),- stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia.
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.
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
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.
A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.
A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.
According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.
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.
Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.
VTB Bank (Armenia), together with Visa international payment system has launched the iStudent cards, designed for students of colleges and higher educational institutions, the press service of the bank reported
"HSBC Bank Armenia" CJSC (HSBC Armenia) said today it will donate 150 sets of computer workstations to students in socially vulnerable communities in Armenia to support their remote learning needs amidst COVID-19 and beyond
Owing to Stepan Gishyan Foundation, run by ACBA-CREDIT AGRICOLE BANK, the students of a school in the border village of Movses in Tavush province will be able to create robots and carry out 3-D modeling, ACBA-CREDIT AGRICOLE BANK said today in a press release
On the eve of the International Students Day, Converse Bank said it is launching another loyalty campaign - the Bank's student cardholders can benefit from the opportunities offered by the announced CashBack campaign
A ceremony of handing diplomas to graduates of the French University in Armenia was held today in Arno Babajanyan Concert Hall with support from ACBA-CREDIT AGRICOLE BANK
VTB Bank (Armenia) and Housing for Young People government-funded program have announced the launch of student loans, the press office of the bank reported today
The Armenian government and 14 Armenian commercial banks announced the start of a program designed to provide subsidized student loans. Education and science minister Armen Ashotyan told reporters the program is extremely important from the social point of view
Bank Anelik will issue ArCa cards, “Caring” and ANELIK BANK BOOM ENERGY VISA Classic, to students and the faculty of the State Economic University of Armenia (SEUA) under special terms, the bank’s press service reported Friday
