Ameriabank Leads Mortgage Market with More Than 22% Share

 Wednesday, August 27 2025 13:05:00
Ameriabank Leads Mortgage Market with More Than 22% Share

ArmInfoAmeriabank retains leadership in the banking sector of Armenia by mortgage loan portfolio, with 22.6% market share (June 30, 2025). In H1 2025, the bank’s mortgage loan portfolio increased by AMD 12.3 billion, surpassing AMD 360 billion as of June 30, 2025.

Armenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailable
 Tuesday, August 26 2025 15:59

ArmInfo.  Armenian Card reports that there are currently issues with Internet channels, causing E-commerce transactions to be unavailable. Additionally, as noted in a message  from Armenian Card, there are also some problems with the operation  of other services that utilize the Internet channel.  Armenian Card  apologizes for the inconvenience and will provide further updates as  they become available.

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Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head 
 Tuesday, August 26 2025 13:37

ArmInfo.  In the first half of the year, the state treasury of Armenia received 3.1 billion drams in taxes from 71 international corporations, as reported by Eduard  Hakobyan, Chairman of the State Revenue Committee (SRC).

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5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO
 Monday, August 25 2025 17:46

ArmInfo.  And so, the 5 042 314 drams collected through “The Power of One Dram” initiative in July were directed to supporting the organizational work of the “Zark” eco-camp.

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In Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increased
 Friday, August 22 2025 17:52

ArmInfo. In Armenia's interbank foreign exchange market from August 18 to 22, 2025, there was a decrease  in dollar transactions and an increase in ruble  transactions.

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School purchases are more profitable with Idram&IDBank
 Thursday, August 21 2025 12:55

ArmInfoSeptember 1st is just around the corner, but there’s no need to worry. Today, with stores at every step, it’s easy to quickly make all the necessary purchases and organize your child’s school bag.

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Idram Junior: The best companion for your child 
 Wednesday, August 20 2025 18:35

ArmInfo.September is just around the corner. Along with all the big and small purchases, preparing your child for school, and repeating the letters, there comes a moment when, in the middle of the preschool hustle and bustle, you pause and remember — children should also eat well at school. 

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In the first half of 2025, Russia led in  transfers to Armenia, while  the UAE and Switzerland led in outflows
 Wednesday, August 20 2025 16:43

ArmInfo.  In the first half of 2025, the net inflow of private transfers to Armenia decreased to 1.3% annually (compared to a decline of 33.7% the previous year),  totaling $587.6 million. Specifically, the inflow increased by 9.2%  to $2.8 billion, while the outflow increased by 12.4% to $2.2  billion. Additionally, there is an opposite trend in the dynamics of   inflow and outflow of non- commercial transfers - the former grew by  9.8% (to $520.7 million), while the latter decreased by 5.2% (to $208  million), resulting in a 22.6% increase in net inflow to $312.7  million.

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From August 11 to 15, 2025, Armenia`s interbank foreign exchange  market saw an increase in dollar transactions and a decrease in ruble  transactions
 Friday, August 15 2025 17:34

ArmInfo.From August 11 to 15, 2025, in Armenia's interbank foreign exchange market, there was an increase in dollar transactions  and a decrease in ruble  transactions.  Euro transactions have not been conducted for almost  three months.

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Over the clouds with AraratBank`s Mastercard World Travel Card
 Friday, August 15 2025 16:28

ArmInfo. Looking for the best travel card offer to enjoy numerous privileges, discounts, and special offers worldwide?

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UC Berkeley, Stanford, Visa Innovation Center and Much More: a Unique Opportunity for 10 Students from Armenia
 Wednesday, August 13 2025 19:47

ArmInfo.10 students from several universities in Armenia had the opportunity to visit the U.S. and attend a short educational program at UC Berkeley this summer, based on the results of the student contest “My Armenia, My Future” conducted by Ameriabank and Visa.

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International Youth Day: AraratBank Ensures Participation of 260 Young People in Tent Camp
 Wednesday, August 13 2025 11:08

ArmInfo. AraratBank has joined the International Youth Day celebrations taking place worldwide today. With the Bank's support, a tent camp has been organized for 260 young people from Yerevan and the regions Armenia in the area adjacent to the picturesque village of Gargar in Lori. The sole purpose of this camp is not merely to conquer heights and master various skills. AraratBank's support enables young people to acquire valuable financial literacy knowledge even while embracing nature.

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IDBank Replenishes Its Share Capital
 Tuesday, August 12 2025 00:39

ArmInfo.IDBank announces that the Bank’s share capital has been increased by AMD 17 billion, reaching a total of AMD 51 billion.

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Semi-Structural Gap Mode to be used to forecast budget process
 Monday, August 11 2025 10:55

ArmInfo. The staff of the Macroeconomic Policy Department of the Ministry of Finance of the Republic of Armenia, together with experts from the International  Monetary Fund (IMF), continued to develop a semi-structural model  (Semi-Structural Gap Model/SSGM) for medium-term forecasting of  macroeconomic indicators within the framework of technical  assistance.

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In Armenia`s interbank foreign exchange market from August 4-8,  2025, ruble transactions increased significantly while dollar transactions decreased
 Friday, August 8 2025 18:55

ArmInfo. In Armenia's interbank foreign exchange  market from August 4 to August 8, 2025, there was a noticeable decrease in ruble transactions amidst a decline in dollar transactions. Euro transactions have not taken place for two and a half months. Particularly, the weekly trend of dollar transactions shifted from a 47% growth to a 21% decline, while ruble transactions, which resumed the previous week, jumped by 86%. This reduced the prevalence of  total weekly  dollar transactions over ruble transactions from 2.5 times to 1.1 times. In parallel with this, in the intra-bank foreign exchange market during the same period (04-08.08.25 compared to 28.07-01.08.25) the growth in purchasing dollars slowed down significantly, while the trend for selling  dollars  increased. The  trend for purchasing-selling euros continued to rise, and in ruble transactions the purchase growth was accompanied by the sales trend going down. As a result, from August 4 to August 8, the dram remained stable against the dollar at  AMD 383.5 /$1, weakened against the euro - AMD 440 to AMD 447/1 EUR, and also weakened against the ruble - AMAD 4.75 to AMD 4.78/1RUB.

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From importer to major manufacturer: «Electrika Group»
 Thursday, August 7 2025 08:46

ArmInfo. Cable ducts, metal boxes, about forty types of lamps and more than 50 other products: the company "Electrika Group" presents a range of products on the market with an affordable price-quality ratio, which allows you to solve both large construction projects and individual tasks.

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RA Ministry of Finance, World Bank discuss ongoing programs
 Wednesday, August 6 2025 17:07

ArmInfo. RA Minister of Finance Vahe Hovhannisyan received Roland Price, World Bank Regional Director for the South Caucasus, and Fabrizio Zarkone, the newly appointed head of the World Bank office in Armenia.

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Ardshinbank — Armenia’s No. 1 Taxpayer in Direct Taxes
 Wednesday, August 6 2025 17:03

ArmInfo. Ardshinbank is the largest taxpayer in Armenia in terms of direct tax payments according to the State Revenue Committee’s results for the first half of 2025. In the first half of 2025, the bank transferred 27.27 billion AMD to the state budget in direct taxes. This figure was made possible thanks to a significant increase in profit tax and income tax.

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Armenia highlights importance of cooperation with WB under key  programs - vice-premier 
 Wednesday, August 6 2025 10:58

ArmInfo.  Armenia notes the importance of cooperation with the World Bank in the implementation of key reforms. This was stated by RA Deputy Prime Minister Mher Grigoryan during a meeting with WB Regional Director for the South Caucasus Roland Preis and the newly appointed head of the Bank's  Armenian office Fabrizio Zarkone.

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CBA Deputy Chairman: Economic growth exceeded expectations, driven by strong performance in construction, services, and tourism
 Tuesday, August 5 2025 20:44

ArmInfo. In Armenia, the  growth rate of economic activity over the past 2 months has exceeded  expectations. This growth can be attributed to the construction  sector, services and tourism.  Armen Nurbekyan, Deputy Chairman of  the Central Bank of Armenia, made this statement during a press  conference on August 5, while responding to a question  about whether  the growth in external demand was solely due to tourism or if there  were other contributing factors.

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Contrary to expectations: High activity observed in mortgage lending market
 Tuesday, August 5 2025 17:39

ArmInfo. Higher activity has  been observed in the mortgage lending market of Armenia than  expected, as stated by Armen Nurbekyan, Deputy Chairman of the  Central Bank of the Republic of Armenia, during a press conference on  August 5.

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News
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Ameriabank Leads Mortgage Market with More Than 22% ShareAmeriabank Leads Mortgage Market with More Than 22% Share
UNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescentsUNICEF and CyberHUB-AM launch first online platform in Armenia to  support children and adolescents
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Armenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailableArmenian Card reports: Due to issues with Internet channels,  E-commerce transactions are unavailable
Iraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relationsIraq proposes to establish joint committee with Armenian businessmen  to boost trade and economic relations
4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 4th meeting of  Intergovernmental Commission on Economic Cooperation   held in Yerevan 
Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head Non-resident electronic services providers paid 3.1 billion drams in  VAT to Armenia`s state treasury-  SRC head 
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12th Harvest Festival kicks off in Dzoraghbyur12th Harvest Festival kicks off in Dzoraghbyur
5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO5 042 314 AMD to the Zark eco-camp. The August beneficiary of the Power of One Dram initiative is the Bridge of Hope NGO
Industrial price index weakened due to decline in industrial sector Industrial price index weakened due to decline in industrial sector 
Armenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign tradeArmenia`s economic growth slowed to 7% in January-July 2025, with a  41.4% decline in foreign trade
In August, 2,427 trucks with export products from Armenia entered  Russia - Minister of EconomyIn August, 2,427 trucks with export products from Armenia entered  Russia - Minister of Economy
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RA President: Stable peace to open up huge economic potential for  ArmeniaRA President: Stable peace to open up huge economic potential for  Armenia
In Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increasedIn Armenia`s interbank foreign exchange market from August 18 to 22,  2025, dollar transactions decreased while ruble increased
Armenia, UNWTO discuss possible joint initiativesArmenia, UNWTO discuss possible joint initiatives
Construction of Kajaran-Agarak road proceeding at rapid pace - Road  Department FoundationConstruction of Kajaran-Agarak road proceeding at rapid pace - Road  Department Foundation
In Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than plannedIn Armenia, taxes collected in first 7 months of 2025 were 424.8  billion drams less than planned
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In the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growthIn the first half of 2025, Armenia`s GDP reached nearly $12 billion,  showing a decline in growth
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School purchases are more profitable with Idram&IDBankSchool purchases are more profitable with Idram&IDBank
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$176mln reimbursed to mortgage-holders under income tax reimbursement  program $176mln reimbursed to mortgage-holders under income tax reimbursement  program 
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From August 11 to 15, 2025, Armenia`s interbank foreign exchange  market saw an increase in dollar transactions and a decrease in ruble  transactionsFrom August 11 to 15, 2025, Armenia`s interbank foreign exchange  market saw an increase in dollar transactions and a decrease in ruble  transactions
Armenia`s state debt increased by $1 billion 256 million in 7 months,  exceeding $14 billion.Armenia`s state debt increased by $1 billion 256 million in 7 months,  exceeding $14 billion.
Over the clouds with AraratBank`s Mastercard World Travel CardOver the clouds with AraratBank`s Mastercard World Travel Card
Electric Networks of Armenia informs about initiating  preliminary  market study for procurement of cleaning servicesElectric Networks of Armenia informs about initiating  preliminary  market study for procurement of cleaning services
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27.08.2025
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