Moody’s changes the outlook on IDBank’s ratings to positive Thursday, August 6 2026 18:14:23
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 ArmInfo.Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable. |
Moody’s changes the outlook on IDBank’s ratings to positive Thursday, August 6 2026 18:14:23
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ArmInfo.Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable. |
Thursday, August 6 2026 18:08
ArmInfo.According to data from the Statistical Committee of the Republic of Armenia, the consumer market in Armenia recorded an annual inflation rate of 4.5% in July 2026 compared to July 2025 (up from 3.4% a year earlier), driven primarily by rising food prices. >>> |
Wednesday, August 5 2026 18:38
ArmInfo.IDBank has expanded its card portfolio with the new Mastercard World card, created for those who value convenience not only in their everyday purchases but also while traveling. >>> |
Wednesday, August 5 2026 18:33
ArmInfo.Converse Bank is expanding its cooperation with Visa, a world leader in digital payments, by announcing the launch of a new phase of partnership focused on enhancing the customer experience and advancing customer loyalty solutions. This phase of the partnership is particularly significant at the current stage of the Bank's strategic development, as the Bank continues to enhance its C360 ecosystem and the Converse Mobile application, delivering a more personalized and valuable experience for customers. As the partnership enters a new phase, Converse Bank will gain access to Visa’s advanced technological solutions and global expertise, enabling the Bank to further enhance the capabilities of the C360 ecosystem, develop loyalty tools, and provide customers with value-added solutions while expanding access to innovative services tailored to their evolving needs. Since the partnership began in 2002, Converse Bank and Visa have collaborated across a broad range of initiatives, from payment card products and international payment services to technology innovation, global expertise, and advisory support. The new phase of the partnership highlights expanded opportunities to leverage emerging technologies, reflecting the evolution of banking beyond traditional financial services. Through access to Visa's technology solutions and expertise, the Bank aims to further strengthen its digital capabilities and deliver innovative, customer-centric experiences. >>> |
Tuesday, August 4 2026 20:57
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. >>> |
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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