In July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
From February to June, the Central Bank of Armenia intervened in the foreign exchange market and purchased approximately $750 million to smooth exchange rate fluctuations.
The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.
In July, net non-commercial money transfers continued strong growth, at 42.3 percent (yoy), according to the World Bank's "Armenia Monthly Economic Update – September 2025."
“Mashtots” branch of Unibank has extended working hours. Clients can now access services at the branch from Monday to Friday, between 9:30 AM and 7:00 PM. Branch address: 22/2 Mashtots Avenue, Yerevan.
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.
Annual inflation rose to 3.6 percent in August, up from 3.4 percent in July, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
At a meeting on Thursday, the Armenian government approved a proposal to sign a €150 million loan agreement with the French Development Agency (AFD) under a budget support program.
Armenian Deputy Prime Minister Mher Grigoryan engaged in talks on Tuesday on the execution of the measures outlined in the IMF's three-year Stand-By Agreement (SBA) with Alexander Timan, the Head of the IMF Armenia Mission, and Umang Ravat, the IMF's Permanent Representative to Armenia.
Armenia's public debt has increased by $1 billion, stated Armenian Finance Minister Vahe Hovhannisyan, presenting the ratio of this indicator for the first half of this year compared to December of last year.
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 July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
From February to June, the Central Bank of Armenia intervened in the foreign exchange market and purchased approximately $750 million to smooth exchange rate fluctuations.
The board of the Central Bank of Armenia kept the policy rate unchanged at 6.75 percent and announced that it expected to gradually lower the refinancing rate to approximately 6.25 percent over the next 12 months.
In July, net non-commercial money transfers continued strong growth, at 42.3 percent (yoy), according to the World Bank's "Armenia Monthly Economic Update – September 2025."
“Mashtots” branch of Unibank has extended working hours. Clients can now access services at the branch from Monday to Friday, between 9:30 AM and 7:00 PM. Branch address: 22/2 Mashtots Avenue, Yerevan.
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.
Annual inflation rose to 3.6 percent in August, up from 3.4 percent in July, according to the World Bank's "Armenia Monthly Economic Update – September 2025."
At a meeting on Thursday, the Armenian government approved a proposal to sign a €150 million loan agreement with the French Development Agency (AFD) under a budget support program.
Armenian Deputy Prime Minister Mher Grigoryan engaged in talks on Tuesday on the execution of the measures outlined in the IMF's three-year Stand-By Agreement (SBA) with Alexander Timan, the Head of the IMF Armenia Mission, and Umang Ravat, the IMF's Permanent Representative to Armenia.
Armenia's public debt has increased by $1 billion, stated Armenian Finance Minister Vahe Hovhannisyan, presenting the ratio of this indicator for the first half of this year compared to December of last year.
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.
The total capital of 17 commercial banks operating in Armenia grew by 5.6% in the first half of 2020 or 47 billion drams to 891 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday
The total capital of the banking system of Armenia for the first quarter of 2020 increased 2.1% to 862 billion drams, Seyran Sargsyan, executive director of the Union of Banks of Armenia, told reporters at an online press conference on Tuesday
The total capital of Armenia-based commercial banks grew by 73 billion drams or 9.5% in 2019 from the previous year to 844.8 billion drams, Seyran Sargsyan, the executive director of the Union of Banks of Armenia told reporters on Friday
