Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank

 Friday, August 28 2026 18:23:12
Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank

ArmInfo.When we talk about salary, we usually focus first and foremost on how much we earn. But have you ever considered that two people with the same income can have significantly different financial situations?

On the Armenian interbank currency market from August 24 to 28, a decline in dollar transactions was accompanied by an increase in euro and ruble transactions.
 Friday, August 28 2026 18:21

ArmInfo. On the Armenian interbank currency market from August 24 to 28, ruble activity and a significant jump in euro transactions were accompanied by a significant decline in dollar transactions.

>>>
Leading volume of transfers comes to Armenia from Russia, while they  flow out to US and UAE
 Friday, August 28 2026 14:48

ArmInfo. The net inflow of private transfers to Armenia in the first half of 2026 showed a significant annual increase of 2.3 times (from a 1.3% decline a year  ago), reaching $1.4 billion. Meanwhile, the net inflow of  non-commercial transfers increased by 21.7% (almost the same as a  year ago - 22.6%), reaching $380.4 million. The share of  non-commercial transfers in the total net inflow decreased to 28%  (after increasing a year ago from 43% to 53%). This is evidenced by  data from the Central Bank of Armenia.

>>>
In Armenia, non-cash card transactions reached $6.3 billion in first  half of 2026, 61% of total
 Friday, August 28 2026 11:32

ArmInfo.  Non-cash transactions have been steadily gaining ground in the Armenian plastic card market, increasing to 60.7% of the total by July 2026 (from 55.8% a  year ago), exceeding AMD 2.3 trillion ($6.3 billion) in absolute  terms in the first half of the year. This is evidenced by data from  the Central Bank of Armenia on transactions made in Armenia and  abroad using cards issued by Armenian banks.

>>>
By July 2026, the number of vPOS terminals in Armenia reached 6,300,  and half-year online transaction volume approached $4bln 
 Thursday, August 27 2026 12:36

ArmInfo. By July 2026, the number of virtual POS terminals (vPOS) in Armenia reached 6,258,000,  of which 50.6%, or 3,169,000, were used in retail, catering, and  service outlets. The number of vPOS terminals increased by 17.8%, or  945 units, and traditional POS terminals by 16.1%, or 14,349 units.  This is clearly explained by the increased use of cashless payments,  which became mandatory with the introduction of legislative  restrictions on cash transactions in July 2022.  This is evidenced by  data from the Central Bank of the Republic of Armenia.

>>>
Holding company AGE S.A. announces an agreement with Dhabi Group to acquire Terabank and The Biltmore Tbilisi hotel in Georgia.
 Wednesday, August 26 2026 19:33

ArmInfo. Luxembourg holding company AGE S.A., operating within the Arins Group LLC ecosystem, announces the entry into a binding agreement with Dhabi Group to acquire Terabank JSC (JSC Terabank) and The Biltmore Tbilisi Hotel in Georgia. As noted in a statement provided to ArmInfo by Ardshinbank, AGE S.A. is subject to regulatory approval.

>>>
"The Last Ticket": IDBank Warns Against Fraud Involving Concert and Festival Tickets
 Wednesday, August 26 2026 15:58

ArmInfo. Concerts, festivals, sports matches, and other popular events traditionally attract not only spectators but also scammers. The Ministry of Internal Affairs of the Republic of Armenia regularly warns of this danger, while the schemes themselves are becoming increasingly varied -from fake websites to reselling the exact same ticket to dozens of people.

>>>
4.8mln microprocessor cards with NFC chips, accounting for 87% of  total, in Armenia 
 Wednesday, August 26 2026 15:23

ArmInfo.  By July 2026, the Armenian plastic card market will already have 5.5 million cards,  with annual growth accelerating from 15.1% to 20.2%. These are  primarily microprocessor cards with NFC chips - 4.8 million, or 87%  of the total number (versus 83.5% a year ago), with annual growth  remaining at 29%. According to data from the Central Bank of Armenia,  local Arca microprocessor cards with NFC chips have seen significant  annual growth.

>>>
“VMF Vanadzor Half Marathon 2026” Held with the Support of Idram and IDBank
 Tuesday, August 25 2026 20:38

ArmInfo. For the second consecutive year, Vanadzor's central square turned into a major sports arena. The ''VMF Vanadzor Half Marathon 2026'' brought together over 600 runners from various regions of Armenia and abroad.

>>>
Ardshinbank, one of Armenia`s largest banks, is interested in  acquiring TeraBank - NBG
 Tuesday, August 25 2026 10:47

ArmInfo. Ardshinbank, one of Armenia's largest banks, is interested in acquiring Georgia's  TeraBank. This was reported by bm.ge, citing a statement from the  National Bank of Georgia.

>>>
S&P Global Ratings confirms Armenia`s sovereign ratings at `BB-/B`  with a positive outlook, expecting GDP growth of 4.9-5.1% in  2026-2027
 Monday, August 24 2026 16:51

ArmInfo. S&P Global Ratings affirmed Armenia's long-term and short-term sovereign credit ratings for foreign and local currency obligations at 'BB-/B', maintaining the positive outlook on the long-term ratings. S&P Global Ratings expects Armenia's GDP growth to slow to 4.9% in 2026 (from 7.1% in  2025), followed by an acceleration to 5.1% in 2027. Exports are expected to recover from a double-digit decline to 2.2% growth in  2026, accelerating to 3.7% in 2027. This is noted in a statement from S&P Global Ratings, which presents the rationale for this credit  action.

>>>
On August 21, the volume of dollar transactions on Armenia`s intra-bank foreign exchange market jumped to $200 million, with the exchange rate remaining virtually unchanged.
 Friday, August 21 2026 20:41

ArmInfo. On August 21, $193.7 million was purchased at an average rate of 364.93 drams/$1 and $179.7 million was sold at an average rate of 365.40 drams/$1 on the intra-bank foreign exchange market in Armenia. This is more than 4-5 times more than the purchase and sale volumes of the previous day (August 20), with the buying rate increasing by 1.35 points and the selling rate decreasing by 0.5 points. Moreover, from Monday through Thursday inclusive, the volume of dollar purchases on the intra-bank foreign exchange market fluctuated within the range of $27-42.4 million and sales - in the range of $42.4-68.7 million, and the rate in both cases decreased. This is evidenced by data from the Central Bank of Armenia.

>>>
“Side by Side” Program for Artsakh Families in the Sevan Community: IDBank
 Friday, August 21 2026 18:31

ArmInfo.           IDBank and the "Dekavva Fund" Charitable Foundation have launched a collaboration within the framework of the "Side by Side" program. The initiative is implemented within the framework of the "Harehas" socio-educational program, building on its experience in community development and education, as well as in identifying and fostering human potential.

>>>
Luys Foundation: Expenditures on protecting Armenia`s interests in  international courts have risen sharply
 Friday, August 21 2026 18:02

ArmInfo. Expenditures aimed at safeguarding the interests of the Republic of Armenia in international courts and ensuring the enforcement of adopted rulings  and decisions have increased significantly. This is according to a report by the Luys Foundation, which analyzed the execution report of  the state budget of the Republic of Armenia for the first half of 2026. 

>>>
AMIO Bank placed its AMD bonds worth 6 billion drams at a record speed
 Thursday, August 20 2026 18:04

ArmInfo. AMIO Bank, with record speed and just 30 hours after the issue launch, fully placed its registered, coupon, non-certificated, and non-convertible dram bonds totaling 6 billion drams. According to AMIO Bank's announcement, the placement began on August 17th, and successful completion was announced on August 19th.

>>>
Ardshinbank Mobile App Now Enables Pension Fund Selection
 Thursday, August 20 2026 12:46

ArmInfo. A new feature for selecting and changing pension funds is now available in the Ardshinbank mobile app. Ardshinbank customers can now select or change their pension fund directly through the mobile app, without having to visit a bank branch.

>>>
Analysis: What is happening in and around the banking system of Armenia (Part One)
 Wednesday, August 19 2026 15:34

ArmInfo.For the second consecutive year, the Armenian banking system has maintained a high growth rate of non-performing loans (NPLs). This is evidenced by the Financial Rating of Armenian Banks as of June 30, 2026, prepared by IC ArmInfo on the basis of published financial statements and additionally requested data (including credit risk data). According to analysts, NPL growth, which barely slowed from 39% to 32% year-on-year by mid-year, is nevertheless increasingly weighing on profits, which are "melting" due to write-offs.

>>>
Analysis: What`s Happening in and Around Armenia`s Banking System (Part Two)
 Wednesday, August 19 2026 14:40

ArmInfo.Consumer loans dominate not only in volume, but also in toxicity

>>>
The Final Round of the Junius Tournament Has Begun
 Wednesday, August 19 2026 09:56

ArmInfo.The popular Junius tournament in the Idram Junior app is being held for the final time, once again giving children the opportunity to learn through play and win valuable prizes.

>>>
"Solis" CJSC`s bonds were listed on the Armenia Stock Exchange 
 Wednesday, August 19 2026 09:31

ArmInfo.The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

>>>
Millennials, Gen Z, or Gen Alpha: How Different Generations Prepare for the New School Year: Idram&IDBank
 Monday, August 17 2026 15:50

ArmInfo.  September 1st is right around the corner, which means the back-to-school rush is officially underway.

>>>

News
Salary Is More Than Just Income: How to Turn It into a Financial Tool. IDBankSalary Is More Than Just Income: How to Turn It into a Financial Tool. IDBank
On the Armenian interbank currency market from August 24 to 28, a decline in dollar transactions was accompanied by an increase in euro and ruble transactions.On the Armenian interbank currency market from August 24 to 28, a decline in dollar transactions was accompanied by an increase in euro and ruble transactions.
Expert: Armenian authorities consider imports from Azerbaijan as  alternative to developing domestic generationExpert: Armenian authorities consider imports from Azerbaijan as  alternative to developing domestic generation
Leading volume of transfers comes to Armenia from Russia, while they  flow out to US and UAELeading volume of transfers comes to Armenia from Russia, while they  flow out to US and UAE
David Khudatyan to participate in international maritime forum in  BatumiDavid Khudatyan to participate in international maritime forum in  Batumi
RA vice-premier, Minister of the Eurasian Economic Commission discuss  work to remove technical barriersRA vice-premier, Minister of the Eurasian Economic Commission discuss  work to remove technical barriers
 In Armenia, non-cash card transactions reached $6.3 billion in first  half of 2026, 61% of total In Armenia, non-cash card transactions reached $6.3 billion in first  half of 2026, 61% of total
Construction of second tunnel bypassing Meghri continues in ArmeniaConstruction of second tunnel bypassing Meghri continues in Armenia
Armenian export volumes continue to decline: LUYS FoundationArmenian export volumes continue to decline: LUYS Foundation
Expert: Armenia will lose up to 25-27% of its exports if it withdraws from free trade agreements with the Eurasian Economic Union (EAEU).Expert: Armenia will lose up to 25-27% of its exports if it withdraws from free trade agreements with the Eurasian Economic Union (EAEU).
No written offers from investors willing to pay $400 million for  railway concession now - RA premier No written offers from investors willing to pay $400 million for  railway concession now - RA premier 
Armenia plans to export up to 40 tons of fresh fruits and vegetables  per week to UAEArmenia plans to export up to 40 tons of fresh fruits and vegetables  per week to UAE
 RA Prime Minister: Armenia needs to launch renovation program for old  housing as soon as possible RA Prime Minister: Armenia needs to launch renovation program for old  housing as soon as possible
RA Government to allocate AMD 67.456mln for renovation of Probation  Service`s basementRA Government to allocate AMD 67.456mln for renovation of Probation  Service`s basement
By July 2026, the number of vPOS terminals in Armenia reached 6,300,  and half-year online transaction volume approached $4bln By July 2026, the number of vPOS terminals in Armenia reached 6,300,  and half-year online transaction volume approached $4bln 
AMD 1.174bln to be allocated to co-finance construction of various  road sections of North-South Transport CorridorAMD 1.174bln to be allocated to co-finance construction of various  road sections of North-South Transport Corridor
AMD 1.256bln to be allocated for implementation of subvention  programs in ArmeniaAMD 1.256bln to be allocated for implementation of subvention  programs in Armenia
Holding company AGE S.A. announces an agreement with Dhabi Group to acquire Terabank and The Biltmore Tbilisi hotel in Georgia.Holding company AGE S.A. announces an agreement with Dhabi Group to acquire Terabank and The Biltmore Tbilisi hotel in Georgia.
Potential for Armenian products to enter Dutch and Benelux markets  discussed in YerevanPotential for Armenian products to enter Dutch and Benelux markets  discussed in Yerevan
RA Minister of Economy attends opening ceremony of modern greenhouse  complex for growing tomatoes, Agro PromRA Minister of Economy attends opening ceremony of modern greenhouse  complex for growing tomatoes, Agro Prom
Construction of a second bridge on Armenian-Iranian border discuss in  YerevanConstruction of a second bridge on Armenian-Iranian border discuss in  Yerevan
"The Last Ticket": IDBank Warns Against Fraud Involving Concert and Festival Tickets
4.8mln microprocessor cards with NFC chips, accounting for 87% of  total, in Armenia 4.8mln microprocessor cards with NFC chips, accounting for 87% of  total, in Armenia 
SRC: Key performance indicators improved in furniture manufacturing  due to tax discipline enhancement programSRC: Key performance indicators improved in furniture manufacturing  due to tax discipline enhancement program
 Industrial sector shows growth, spurring increase in industrial price  index Industrial sector shows growth, spurring increase in industrial price  index
“VMF Vanadzor Half Marathon 2026” Held with the Support of Idram and IDBank“VMF Vanadzor Half Marathon 2026” Held with the Support of Idram and IDBank
Political scientist: A new dependence has begun to form around Armenia under the guise of regional integrationPolitical scientist: A new dependence has begun to form around Armenia under the guise of regional integration
Armenia`s state budget revenues increased by 14.9% or 247.3 billion drams.Armenia`s state budget revenues increased by 14.9% or 247.3 billion drams.
In Armenia, economic activity growth accelerated from 7.1% to 7.7% in  January-July 2026, while foreign trade increasedIn Armenia, economic activity growth accelerated from 7.1% to 7.7% in  January-July 2026, while foreign trade increased
Armenian, Azerbaijani energy workers meet in LachinArmenian, Azerbaijani energy workers meet in Lachin
Papoyan: High-level political dialogue between Armenia and Iran must  translate into more tangible economic resultsPapoyan: High-level political dialogue between Armenia and Iran must  translate into more tangible economic results
 Ardshinbank, one of Armenia`s largest banks, is interested in  acquiring TeraBank - NBG Ardshinbank, one of Armenia`s largest banks, is interested in  acquiring TeraBank - NBG
The Armenian Ambassador reviewed the activities of the Technopark of the Georgian Agency for Innovation and TechnologyThe Armenian Ambassador reviewed the activities of the Technopark of the Georgian Agency for Innovation and Technology
S&P Global Ratings confirms Armenia`s sovereign ratings at `BB-/B`  with a positive outlook, expecting GDP growth of 4.9-5.1% in  2026-2027S&P Global Ratings confirms Armenia`s sovereign ratings at `BB-/B`  with a positive outlook, expecting GDP growth of 4.9-5.1% in  2026-2027
Final decision on type and manufacturer of NPP to be built in Armenia  to be made by 2027 - premier Final decision on type and manufacturer of NPP to be built in Armenia  to be made by 2027 - premier 
ArmInfo FinRating: MTPL premiums continue to rise, while health  insurance premiums declineArmInfo FinRating: MTPL premiums continue to rise, while health  insurance premiums decline
 Armenia`s $14.5bln public debt keeps per capita debt burden at $4.7  thousand Armenia`s $14.5bln public debt keeps per capita debt burden at $4.7  thousand
Direct Sofia-Yerevan flights to resume on November 7Direct Sofia-Yerevan flights to resume on November 7
Another shipment from Russia to Armenia via Azerbaijan Another shipment from Russia to Armenia via Azerbaijan 
In Armenia, real estate purchases by foreigners surge by 37% in H1  2026In Armenia, real estate purchases by foreigners surge by 37% in H1  2026
State Revenue Committee discusses risks in crypto assets and  blockchain  technologyState Revenue Committee discusses risks in crypto assets and  blockchain  technology
Apartment prices on the rise across Armenia, with regional markets  leading the surgeApartment prices on the rise across Armenia, with regional markets  leading the surge
More than 40 million euros have already been invested in the A&M Rare project, entirely from foreign capital.More than 40 million euros have already been invested in the A&M Rare project, entirely from foreign capital.
On August 21, the volume of dollar transactions on Armenia`s intra-bank foreign exchange market jumped to $200 million, with the exchange rate remaining virtually unchanged.On August 21, the volume of dollar transactions on Armenia`s intra-bank foreign exchange market jumped to $200 million, with the exchange rate remaining virtually unchanged.
“Side by Side” Program for Artsakh Families in the Sevan Community: IDBank“Side by Side” Program for Artsakh Families in the Sevan Community: IDBank
Luys Foundation: Expenditures on protecting Armenia`s interests in  international courts have risen sharplyLuys Foundation: Expenditures on protecting Armenia`s interests in  international courts have risen sharply
Pashinyan discusses reforms in construction quality controlPashinyan discusses reforms in construction quality control
Health  Minister  discusses procedures for including employees with  incomes under AMD 200,000 in health insurance systemHealth  Minister  discusses procedures for including employees with  incomes under AMD 200,000 in health insurance system
Iranian Ambassador welcomes resumption of Tabriz-Yerevan flight routeIranian Ambassador welcomes resumption of Tabriz-Yerevan flight route
MTPL insurance loss ratio drops in Armenia amid rising policy costsMTPL insurance loss ratio drops in Armenia amid rising policy costs
Armenia`s GDP per capita surges in Q2 2026Armenia`s GDP per capita surges in Q2 2026
The HSE University has announced a timeframe for when Armenia will feel the impact of export restrictions to RussiaThe HSE University has announced a timeframe for when Armenia will feel the impact of export restrictions to Russia
The Ministry of Economy of the Republic of Armenia responded to the NGO`s statement on obstructing its participation in the International Import Exhibition The Ministry of Economy of the Republic of Armenia responded to the NGO`s statement on obstructing its participation in the International Import Exhibition "CIIE"
Armenia`s economy continued to demonstrate high rates of economic growthArmenia`s economy continued to demonstrate high rates of economic growth
AMIO Bank placed its AMD bonds worth 6 billion drams at a record speedAMIO Bank placed its AMD bonds worth 6 billion drams at a record speed
Pashinyan discusses  progress on major urban development projects in  YerevanPashinyan discusses  progress on major urban development projects in  Yerevan
Armenia`s GDP accelerates in growth in H1 2026, exceeding $13.8  billionArmenia`s GDP accelerates in growth in H1 2026, exceeding $13.8  billion
Armenia offers Russian partners on-site quality inspection of  Armenian goods — PashinyanArmenia offers Russian partners on-site quality inspection of  Armenian goods — Pashinyan
Pashinyan: Decision on new nuclear power plant expected soon amid  energy strategy reviewPashinyan: Decision on new nuclear power plant expected soon amid  energy strategy review
The U.S. shares its experience in AI application and automation with  ArmeniaThe U.S. shares its experience in AI application and automation with  Armenia
Read more
Exchange rates
28.08.2026
RUB4.24-0.02
USD364.32-0.15
EUR424.360.15
GBP495.110.41
CAD263.140.65
JPY22.82-0.03
CNY54.21-0.02
CHF453.471.27