Daniel Azatyan outlines risks of taxing dividends for commercial bank shareholders Tuesday, August 4 2026 20:57:15
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ArmInfo.Taxing dividends of commercial bank shareholders carries distinct risks, as banks established in Armenia may consider re-registering their organizations abroad. Daniel Azatyan, Chairman of the Union of Banks of Armenia, expressed this opinion at a press conference on August 4. |
Tuesday, August 4 2026 19:55
ArmInfo. As a result of problems arising in certain export markets, the risk of a decline in income in the Armenian economy has increased, as well as the formation of an excess supply of certain goods, which has a predominantly deflationary impact, as noted in the Central Bank of Armenia's justification for its decision to maintain the refinancing rate at 6.5% this time. >>> |
Tuesday, August 4 2026 17:12
ArmInfo. In June 2026, the interest rate on retail AMD loans with a maturity of 1 to 5 years decreased by only 0.4 percentage points (pp) compared to December 2025. Daniel Azatyan, Chairman of the Union of Banks of Armenia, announced this during a press conference on August 4. >>> |
Tuesday, August 4 2026 16:51
ArmInfo. In the first half of 2026, Armenia's banking system generated a net profit of AMD 214 billion, exceeding the figure from a year ago by AMD 13.6 billion, or 6.8%. Daniel Azatyan, Chairman of the Union of Banks of Armenia, announced this during a press conference on August 4. >>> |
Tuesday, August 4 2026 12:20
ArmInfo. The Central Bank of Armenia maintains the refinancing rate at 6.5%. This decision was made on August 4 at the Central Bank of Armenia Board meeting, according to which the rates on Lombard repos (8%) and on deposits from banks (5%) were also maintained at the previous level. >>> |
Tuesday, August 4 2026 12:01
ArmInfo. Ardshinbank, in partnership with Mastercard, is launching a cashback promotion for its cardholders. >>> |
Tuesday, August 4 2026 11:32
ArmInfo. On July 30, Ameriabank held its latest Investor Day, this time dedicated to the first half of the year in financial markets. The event began with an analysis of the S&P 500 stock index, which includes shares of 500 of the world's largest companies, including Apple, Nvidia, Google, Amazon, and others. >>> |
Tuesday, August 4 2026 10:17
ArmInfo. A government personnel bank is being formed in Armenia. RA Prime Minister Nikol Pashinyan announced this on his Facebook page. >>> |
Monday, August 3 2026 17:33
ArmInfo. Thousands of ideas and numerous participants - all in one place. This year, Seaside Startup Summit once again brought together startup founders, seeking innovative solutions, and representatives of well-established major businesses. Mentors from Idram and IDBank joined early-stage founders to support them through their growth journey, answer vital questions, and identify innovative solutions for startup scaling. >>> |
Saturday, August 1 2026 15:33
ArmInfo. Armenia's gross international reserves (GIR) surged by 45.7% year-on-year, or by $1.852 billion, reaching a historic high of $5.899 billion by July 2026, according to data released by the Central Bank of the Republic of Armenia. By comparison, growth during the same period in 2025 was a more modest 20.7% (or $693.2 million), bringing reserves to $4.047 billion. >>> |
Saturday, August 1 2026 11:33
ArmInfo. Wildberries has received dozens of offers to lease logistics facilities within Russia and abroad, with some agreements already signed. Wildberries CEO Tatiana Kim told reporters, as reported by RIA Novosti. >>> |
Friday, July 31 2026 19:30
ArmInfo.During the summer, fraudsters shift their focus. While adults are busy with work, children spend more time online and playing video games. >>> |
Friday, July 31 2026 18:25
ArmInfo. Trading volumes for U.S. dollars, Russian rubles, and euros all experienced declines on the Armenian foreign exchange market between July 27 and 31. >>> |
Friday, July 31 2026 16:50
ArmInfo. July 30, Yerevan - Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable. At the same time, the agency affirmed all of the Bank's ratings, including its ba3 Baseline Credit Assessment (BCA) and Adjusted BCA. >>> |
Friday, July 31 2026 15:01
ArmInfo.The Central Bank of Armenia has decided to increase the countercyclical capital buffer (CCB) from the current 1.75% to 2% of risk-weighted assets, which will take effect on February 1, 2027. >>> |
Thursday, July 30 2026 16:56
ArmInfo. Armenia Stock Exchange has been awarded the prestigious “25 Years of Excellence – Capital Market Development Armenia 2026” award at the Global Banking & Finance Review Awards 2026, receiving international recognition for its 25-year contribution to the establishment and development of Armenia’s capital market. >>> |
Thursday, July 30 2026 16:45
ArmInfo. The most fascinating ideas are not always created in offices. Sometimes, they emerge in tents, among discussions and numerous startups. This year, Seaside Startup Summit once again brought together hundreds of people around a single goal: creating tomorrow's technological solutions. >>> |
Wednesday, July 29 2026 16:26
ArmInfo. Moody's has improved the outlook on Armenia's sovereign rating from "Stable" to "Positive," affirming the long-term rating at "Ba3." As noted in a statement released today by the Central Bank of Armenia, the rating agency made this decision yesterday. Moody's based the change in Armenia's sovereign rating outlook on the following key factors: Reducing geopolitical and political risks. a material reduction in political risks underpinned by a lower probability of renewed large-scale hostilities with Azerbaijan, the normalization of relations with Turkey. a rebalancing of external relations toward a more diversified set of partners, and contained domestic political risks >>> |
Tuesday, July 28 2026 18:28
ArmInfo. Armenia's capital market will continue to expand at a rapid pace, which will also be reflected in the country's economic development. >>> |
Tuesday, July 28 2026 17:55
ArmInfo. Over the past five years, Ameriabank's loan portfolio has grown by an average of 30% annually, driven primarily by mortgage lending, which has reached 400 billion drams, as announced by Ameriabank's Director of Retail Banking, Arman Barseghyan, at a press conference on July 28, presenting the results of the first half of 2026. >>> |
Tuesday, July 28 2026 17:48
ArmInfo. In the heart of Yerevan, on the rooftop of the Aram Khachaturian Concert Hall, Khachaturian Rooftop opened with the support of IDBank, turning one of the capital's most beautiful rooftops into a new venue for summer cultural evenings, concerts, and unforgettable gatherings. With this collaboration, IDBank launched a series of anniversary events dedicated to its 35th anniversary. "We will continue to dedicate the experience and knowledge we have accumulated over 35 years not only to our own development but also to the progress of our city and country, sharing our success with our society. We have already announced that, in celebration of our 35th anniversary, we will renovate and present Moscow Park to Yerevan, located in the heart of the city. Furthermore, we are preparing to join another project that is part of the city's cultural heritage, the details of which I will not disclose just yet," stated Mher Abrahamyan, Chairman of the Management Board of IDBank. About 700 spectators enjoyed the grand opening concert of Khachaturian Rooftop. The National Philharmonic Orchestra of Armenia, under the baton of Maestro Eduard Topchjan and featuring popular Armenian performers, presented the "Yerevan Gala" concert program. "We are on Yerevan's most beautiful rooftop. I believe that when Alexander Tamanyan designed the building, he envisioned that over time this space would be fully utilized," stated Norayr Nazaryan, Director of the National Philharmonic Orchestra of Armenia and the Aram Khachaturian Concert Hall. Thus, a new chapter in the history of the Aram Khachaturian Concert Hall has been officially opened. On this rooftop, the summer promises to be cool and filled with outstanding music. More concerts and cultural events are expected in August, with IDBank once again serving as the general partner. >>> |
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In Armenia, steps have been taken to address the issue of changing the taxation of dividends from shares and stakes in the country`s commercial banks