In December, commercial bank deposits and credits in Armenia grew 4.6 and 3.9 percent (mom), respectively, both driven by AMD-denominated funds, according to 'Armenia Monthly Economic Update – February 2024'.
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
Inflation in Armenia rose to 1.7 percent (yoy) in January 2025, the highest yoy rate since April 2023, acording to the World Bank's “Armenia Monthly Economic Update - February 2024”.
ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.
The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).
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 an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path
In December, commercial bank deposits and credits in Armenia grew 4.6 and 3.9 percent (mom), respectively, both driven by AMD-denominated funds, according to 'Armenia Monthly Economic Update – February 2024'.
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
Inflation in Armenia rose to 1.7 percent (yoy) in January 2025, the highest yoy rate since April 2023, acording to the World Bank's “Armenia Monthly Economic Update - February 2024”.
ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.
The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).
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 an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path
PayPal worldwide online payments system said starting from August 1 it stops offering payment and money transfer services between Russian users and will focus on cross-border trade instead as part of a changed business model in Russia, banki.ru reported
As of 18:00, April 1, the special account, opened to facilitate the fight against coronavirus in Armenia, has received 822.5 million drams (around USD 1.62 million), the press service of the Armenian government reports with the reference to the finance ministry’s figures
Unibank has decreased Swift international transfer commission for legal entities and individual entrepreneurs, the press office of the bank reported on Wednesday
Moneyto Ltd said today that money transfers to Georgia can be sent from any VISA/Mastercard card via Moneyto.co.uk website. Online transfers paid out in local currency are subject to 0.49% commission, with a minimum of €/£1
VTB Bank (Armenia) and Unistream company have launched today a special campaign dubbed 'Successful Money Transfer' designed for the bank’s individual customers
Anelik Bank said today it has joined "Converse Transfer" payment system, which allows individuals to send and receive money transfers across Armenia and CIS countries in Armenian drams, US dollars, euros and Russian rubles without account opening
Individuals in Armenia received $95.9 million from abroad via banks in April 2015 for noncommecial purposes – 28% less than in April 2014, but 14.2% more than in March 2015, the Central Bank of Armenia reports on its website
About $122.3 million were remitted to Armenian as private money transfers through the banks in the first two months of 2015, by 40.4% less from the first two months of 2014, the Central Bank said in its bulletin for February
