Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
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.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
Experts from around the world, leading specialists in the financial and technological sectors, participated in the international Black Swan Summit conference in Armenia and discussed how rapid technological change can lead to new opportunities and economic progress.
The market expects a decline in the refinancing rate to between 6.25% and 6.5% in the medium term, nevertheless, Martin Galstyan, the Governor of the Central Bank of Armenia, indicated that the regulator does not concur with these predictions.
Martin Galstyan, the head of the Central Bank of Armenia, provided an explanation for the decision to keep the refinancing rate steady after the regulator held it at 6.75% for the sixth consecutive time.
Finance Minister Vahe Hovhannisyan has been appointed as Armenia's Governor on the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), according to a decree by RA Prime Minister Nikol Pashinyan.
The loan portfolio of Armenia's banking system increased by 29.89% in the third quarter of 2025 compared to the same quarter of 2024, reaching AMD 7.16 trillion.
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.
In Armenia's consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).
At the next meeting of the Central Bank of Armenia, the refinancing rate will be maintained at 6.75%, according to Georgi Melkonyan, head of Freedom Academy.
Deputy Prime Minister Mher Grigoryan discussed details of current programs and potential new areas of cooperation with the new head of the European Investment Bank (EIB) regional office in the South Caucasus, Stella Renita.
Interest in investing in Armenia has grown significantly in recent years, and along with it, so has the need for accessible tools that allow one to take their first steps in the financial market.
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.
Prompted by the worsening socio-economic situation caused by the coronavirus pandemic and Nagorno-Karabakh post-war developments, as well as the slow economic recovery, on April 30, 2021, Armenia's Ministry of Finance officially applied to the International Development Agency (part of the World Bank Group) with a request to extend the decision on cancelling the additional 1.7% interest rate on loans for another year
In 2020, Armenia experienced one of the region’s sharpest GDP contractions—7.6 percent—as a severe COVID-19 outbreak and a military conflict with Azerbaijan late in the year impacted performance, according to World Bank's latest 'Europe and Central Asia Economic Update, Spring 2021
Armenia’s health system response to COVID-19 and potential future pandemics, including hospitals’ capacity for case management and intensive care, will benefit from $7.4 million in Additional Financing for the Disease Prevention and Control Project, approved today by the World Bank’s Board of Executive Directors, World Bank reported today
Armenian Deputy Prime Minister Tigran Avinyan received today a World Bank delegation led by Sylvie Bossoutrot, the Country Manager of the World Bank for Armenia , and the Local Economy and Infrastructure Development program’s team. Avinyan spoke about the priorities of Armenia’s economic development
Armenian Deputy Prime Minister Tigran Avinyan received today a World Bank delegation led by World Bank Regional Director for the South Caucasus Sebastian Molineus, Avinyan's press office reported
Armenian Economy Minister Tigran Khachatryan met with representatives of the World Bank’s Trade Promotion and Quality Infrastructure program on Tuesday and discussed with them the criteria and studies arranged yet with the previous mission
Armenian Deputy Prime Minister Mher Grigoryan received today a World Bank delegation, led by the current WB Regional Director for the South Caucasus Mercy Tembon, who introduced her replacement Sebastian Molineus. Sylvie Bossoutrot, World Bank Country Manager for Armenia was also in attendance
The World Bank is preparing the Country’s Partnership Framework strategic document that defines the cooperation priorities for the next four years with Armenia
Armenian Prime Minister Nikol Pashinyan received yesterday a delegation headed by Deborah Wetzel, Senior Director, Governance Global Practice, at the World Bank, the press office of the prime minister reports
David Tonoyan, Armenian emergency minister, received Tuesday representatives of the World Bank’s technical assistance mission headed by Disaster Risk Management Specialist Tafadzwa Dube, the press office of the ministry reports
Armenia is one of the three leading countries in Europe and Central Asia in terms of remittances sent home by labor migrants, according to the World Bank’s latest Regional Economic Update Migration and Mobility in Europe and Central Asia
Ninety-five projects have been implemented in Armenia over the last 25 years with the assistance of the World Bank, worth $2.3 billion. Today, the bank’s credit portfolio in Armenia is $620 million, according to a statement placed on the official website of the Armenian government
