Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
The reasons behind the recent failures in the national ArCa payment system are being studied with the involvement of international experts, announced the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.
Agreements have been signed with over 500 citizens who have fallen victim to banking fraud in Armenia, said the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.
The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).
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
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
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.
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.
Out of the 15,000 citizens in Armenia who applied for a government-designed support program, 3,686 with bad loans have received it, said Daniel Azatyan, the head of the Union of Banks of Armenia (UBA), at a press conference today.
The reasons behind the recent failures in the national ArCa payment system are being studied with the involvement of international experts, announced the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.
Agreements have been signed with over 500 citizens who have fallen victim to banking fraud in Armenia, said the head of the Union of Banks of Armenia (UBA) Daniel Azatyan.
The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).
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
The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.
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.
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 has announced the launch of a new project designed to attract patients from CIS countries and other friendly states for medical treatment in Russia, the press service of VTB (Armenia) reported.
EasyPay presents a new way to receive money transfers from Russia in Armenia—from the ВТБ Онлайн app directly to an easywallet account via phone number.
VTB Bank (Armenia) has reviewed the results of the #cashbackmarathon special offer that was launched on April 5, 2021 in cooperation with the international payment system MasterCard. This was their 8th joint special offer
The Eurasian Economic Union (EEU) member countries need to create a single payment space with settlements in national currencies, VTB CEO Andrei Kostin said on Friday speaking at the First Eurasian Congress organized by the Eurasian Development Bank (EDB)
Russia's second biggest bank VTB has acquired a 19% stake in Qatari CQUR Bank, RBC news agency reported on Thursday, citing VTB's quarterly financial report
Armenian Prime Minister Nikol Pashinayn met Friday with VTB President and Board Chairman Andrey Kostin on the sidelines of the International Economic Forum in St. Petersburg and discussed prospects for expanding the bank's activity in Armenia, the press office of the Armenian government reports
The final match and the closing ceremony of the VTB League football tournament, organized by VTB Bank (Armenia) for public servants, took place in the Dynamo gym in Yerevan on December 6
Andrey Kostin, the CEO of Russia's VTB bank, was quoted Friday by Prime as saying that the central bank's key rate may be lowered before the end of this year, but it is not the best moment now for doing that
VTB Bank (Armenia) will be building up amounts of its international factoring transactions in Armenia, Mikhail Oseevskiy, VTB Bank deputy president and chairman of the bank’s board, said Friday at a news conference in Yerevan
The loan portfolio of VTB Bank (Armenia) for midsized enterprises in Armenia reaches $200 million, vice-president and deputy head of VTB Bank Board Mikhail Oseevskiy told reporters
