In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
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
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
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.
In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.
The refinancing rate of Armenia's Central Bank will average 6.8% in 2025, according to Eurasian Development Bank's macroeconomic forecast for seven member countries for 2025–2027.
In January-April 2025, the inflow of cross-border remittances to Armenia increased by 6% year-on-year to $1.8 billion, maintaining its historic high, according to a Eurasian Development Bank’s macroeconomic forecast for seven participating countries for 2025-2027.
VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.
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
Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.
Armenia’s budget remained in surplus through April, despite a projected deficit, according to World Bank's Armenia Monthly Economic Update – June 2025.
The World Bank’s Board of Executive Directors today approved the first phase of a program that will improve access to irrigation and drinking water systems in rural and underserved settlements, create jobs, boost economic growth, and strengthen water security and resilience against extreme weather in Armenia.
The government of Armenia does not have serious problems with managing the public debt, Finance Minister Vahe Hovhannisyan said today in response to ARKA News Agency's about about how manageable the debt is and what the main risks associated with it are.
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.
YEREVAN, January 24. /ARKA/. All 17 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers in 2021 having paid about AMD 52.3bln in various taxes, the State Revenue Committee said today.
All 17 Armenia-based commercial banks are in the list of 1000 largest corporate taxpayers in the first 9 months of 2021, having paid over 40.9 billion drams in various taxes, the State Revenue Committee (SRC) said today
All 17 commercial banks operating in Armenia paid over 30.06 billion drams in various taxes in the first half of 2021, according to the list of the 1000 largest corporate taxpayers, released today by the State Revenue Committee
The list of Armenia's 1000 largest corporate taxpayers in the first quarter of 2021 includes all 17 Armenia-based commercial banks, which paid over 12.149 billion drams in various taxes, according to the numbers, released by the State Revenue Committee (SRC)
The list of Armenia's largest 1000 corporate taxpayers in 2020 includes all 17 commercial banks operating in the country, which paid more than 49.088 billion drams in various taxes, according to the State Revenue Committee (SRC)
The list of Armenia's 1000 largest corporate taxpayers in the first nine months of 2020 includes all 17 commercial banks, which have paid more than 37.994 billion drams in various taxes and duties, the State Revenue Committee said today
The list of 1000 largest corporate taxpayers in Armenia for the first quarter of 2020 includes all 17 commercial banks operating in the country, which paid more than 12.509 billion drams in various taxes as opposed to 11.8 billion drams they had paid for the same period in 2019, the State Revenue Committee (SRC) said
Seventeen Armenia-based commercial banks paid a total of 42.3 billion drams in taxes for the first nine months of 2019, the Union of Banks of Armenia reported
The list of Armenia's 1000 largest corporate taxpayers in the first six months of 2019 includes all the 17 commercial banks operating in the country, which paid about 29.5 billion drams in various taxes and duties, up from 27.6 billion drams they had paid in the first half of 2018 (an increase of 6.9%), according to the numbers, released by the State Revenues Committee (SRC)
The list of Armenia’s 1000 largest corporate taxpayers in January-September 2018 includes all local 17 commercial banks, which paid about 38.6 billion drams in various taxes
All 17 Armenia-based commercial banks are in the list of 1000 largest taxpayers for the first half of 2018. They paid about 27.6 billion drams in taxes and duties, up from 21.6 billion drams paid for the first half of 2017, the State Revenue Committee (SRC) said
The amount of taxes paid in 2017 by Armenia’s SMEs decreased by 2.3% from the previous year to 209.4 million drams, according to a report by the Business Support Office
