The EBRD is ready to invest in Armenia`s hotel sector, but there are not enough developed projects – David Manukyan

 Thursday, June 18 2026 19:20:13
The EBRD is ready to invest in Armenia`s hotel sector, but there are not enough developed projects – David Manukyan

ArmInfo. Despite investor interest in Armenia's hospitality sector, the European Bank for Reconstruction and Development (EBRD) faces a shortage of well-prepared projects that could receive financing.

Idram and Glovo Sign Memorandum of Cooperation in Barcelona
 Thursday, June 18 2026 17:56

ArmInfo.As part of Glovo Retail Media Day 2026, Idram and Glovo signed a memorandum of cooperation at Glovo’s headquarters in Barcelona. As part of the partnership, soon users will be able to make payments in the Glovo app through the Idram&IDBank app by selecting Idram as a payment method.

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Starting in July of this year, high-quality Armenian tomatoes to be  exported to Europe
 Thursday, June 18 2026 15:56

ArmInfo.With the support of ACBA Leasing, Prom Group purchased 20 modern Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe starting in July of this year. This was announced by ACBA Leasing on its  Facebook page.

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Top Travel Destinations of 2026: IDBank
 Thursday, June 18 2026 15:35

ArmInfo. Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories. 2026 offers travelers the perfect blend of timeless classics and hidden gems waiting to be explored.  

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Institution of restructuring insolvent banks being introduced in  Armenian banking system
 Thursday, June 18 2026 11:01

ArmInfo.  For the first time, the institution of restructuring (bank resolution) of insolvent banks is being introduced in the Armenian banking system. At its June 18 session, the National Assembly of the Republic of Armenia discussed the draft law "On Bank Restructuring" and a large package of related documents submitted by the Armenian government in the first reading.

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Armenia taking action against fictitious debt write-offs
 Wednesday, June 17 2026 16:00

ArmInfo. Armenia has decided to tackle the problem of fictitious debt write-offs. The National Assembly of the Republic of Armenia is discussing the draft  of the new Bankruptcy Code in its second reading at its regular  session on June 17.

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Armenia dealing with changing taxation of dividends received by  shareholders of commercial banks
 Wednesday, June 17 2026 12:17

ArmInfo. Armenia has taken up the issue of changing the taxation of dividends received by shareholders of commercial banks. The National Assembly of the  Republic of Armenia is discussing amendments to the Tax Code and the  Law "On State Duty" at its June 17 session.

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Eurasian Development Bank celebrates 20th anniversary
 Tuesday, June 16 2026 16:53

ArmInfo. The Eurasian Development Bank (EDB) today celebrates 20 years since its founding. What began as a bilateral initiative has grown over two decades into one of the most respected multilateral development institutions in the Eurasian region, according to a statement from the Bank's press  service.

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``Do not trust your eyes’’: IDBank warns about fraud using deepfakes
 Tuesday, June 16 2026 16:22

ArmInfo.   A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

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Central Bank Governor:  Armenia holds strong position in economic  attractiveness
 Tuesday, June 16 2026 14:55

ArmInfo.Armenia currently maintains a very strong position in terms of economic attractiveness, as stated Martin Galstyan, Chairman of the Central  Bank of Armenia (CBA), during a parliamentary session on June 16. In  response to inquiries from deputies, he  highlighted the significant  inflow of capital into the country.

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Up to 30% idcoin at pools: Idram&IDBank
 Tuesday, June 16 2026 13:37

ArmInfo.Up to 30% idcoin at pools: Idram&IDBank     From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town. Whatever recreation option you choose, one thing is for sure: swimming pools are one of the most popular places to spend the summer.    Water vacation is an essential part of summer. It is the perfect escape for both active swimmers and those who just want to unwind. And what if, along with a great time relaxing, you could also receive some idocins? Idram and IDBank are thrilled to launch their summer campaign, pack with idcoins.      Within the framework of the campaign, from June 15 to August 31, 2026, inclusive, when making QR payments at the following pools, you will receive up to 30% instant idcoin, in accordance with the campaign terms and conditions, but no more than 10,000 idcoin per calendar month (after tax): Cross Sports Complex Swimming Pool        Dili Town Resort Swimming Pool     Garun Swimming Pool at the Dilijani Tun Hotel        Hills Sports Complex Pool      Swimming pool at Lanj Restaurant         Swimming pool at Multi Wellness Center Sports and Health Complex     San Marco Pool        Swimming pool at the President Hotel        Zen Pool             And the rest is very simple: just choose your favourite pool, grab your sunscreen, and sunglasses and make payments via the Idram&IDBank app.     Find all the terms and conditions of the campaign here.

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The Central Bank of Armenia still maintains the refinancing rate at 6.5%.
 Tuesday, June 16 2026 12:37

ArmInfo. The Central Bank of Armenia is maintaining the refinancing rate at 6.5%. This decision was made on June 16 at a meeting of the Central Bank of Armenia's Board, according to which the rates on Lombard repos (8%) and on deposits from banks (5%) were also maintained at the previous level.

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Vahe Hovhannisyan: Recent years see steady growth trend in financial services exports from Armenia
 Tuesday, June 16 2026 11:36

ArmInfo. In recent years, there has been a steady growth trend in financial services exports from Armenia. This was stated by RA Minister of Finance Vahe Hovhannisyan on June 16, while presenting the country's 2025 state budget implementation in the National Assembly.

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``Teach For Armenia`` is the June beneficiary of the ``Power of One Dram``
 Monday, June 15 2026 18:32

ArmInfo.The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation. The accumulated 5.260.220 AMD will enable the foundation to organize a half-marathon in the city of Vanadzor, Lori region, encouraging a healthy lifestyle among residents and activating regional life. 

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London auction house Sothebys  interested in collaborating with  Armenian cultural organizations
 Monday, June 15 2026 18:07

ArmInfo.The prestigious auction house Sotheby's is interested in collaborating with Armenian cultural organizations, as reported by the press service of the  Ministry of Education, Science, Culture and Sport (MESCS), citing the  results of a meeting between the auction house's delegation, led by  Alina Davey, Sotheby's Regional Director for Europe, the Middle East  and Africa, and Edward Gibbs, Sotheby's Chairman for the Middle East  and India, and Zhanna Andreasyan, Head of the MESCS.

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Armenia FX market, June 8-12- USD transactions maintain growth as RUB  volumes decline
 Friday, June 12 2026 18:22

ArmInfo.  During the week of June 8–12, 2026, dollar transactions maintained growth on Armenia's interbank foreign exchange market, whereas ruble transactions experienced a contraction. Euro operations have been absent for nearly four months. Notably, the growth of dollar transactions  decelerated sharply from a 20-fold increase to 20.5%, while the trend  for ruble transactions inverted from a 25.5% expansion to a 27.6%  decline. Consequently, the weekly volume of dollar transactions  maintained its dominance over ruble volumes, exceeding them by nearly  twofold.

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IDBank issued the 4th and 5th tranches of bonds of 2026
 Friday, June 12 2026 15:26

ArmInfo.On June 15, 2026, IDBank placed registered coupon bonds through a public offering on the following terms:

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Armenian Banking Days in Germany
 Thursday, June 11 2026 17:00

ArmInfo. On 9 June an official reception entitled “Armenian Banking Days in Germany” was held in Frankfurt at the initiative of the Union of Banks of Armenia, dedicated to strengthening cooperation between the financial sectors of Armenia and Europe.

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Ardshinbank Once Again Becomes Flagship Sponsor of the EBRD Annual Meeting and Business Forum
 Thursday, June 11 2026 16:31

ArmInfo. Ardshinbank has once again assumed the role of Flagship Sponsor of the Annual Meeting and Business Forum of the European Bank for Reconstruction and Development (EBRD), reaffirming its active engagement in the international financial cooperation and economic development agenda.

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Financial Literacy Training for Young Chess Players: Idram & IDBank
 Thursday, June 11 2026 16:17

ArmInfo. Idram and IDBank continue their traditional series of financial and digital literacy training programs. This time, the training was held for students of the Arabkir Chess School.

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EU regulated Capital Intelligence Rating Agency Assigns BBB  International Rating to EDB with Stable Outlook
 Thursday, June 11 2026 10:24

ArmInfo.Capital Intelligence Rating Agency Ltd (CI Ratings), regulated by the European Securities and Markets Authority (ESMA), has assigned first-time BBB long-term and A2 short-term foreign currency credit ratings to Eurasian  Development Bank (EDB) with a stable outlook.

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News
The EBRD is ready to invest in Armenia`s hotel sector, but there are not enough developed projects – David ManukyanThe EBRD is ready to invest in Armenia`s hotel sector, but there are not enough developed projects – David Manukyan
FlyOne Armenia`s fleet has been expanded with two aircraft – the Airbus A320 and Airbus A321.FlyOne Armenia`s fleet has been expanded with two aircraft – the Airbus A320 and Airbus A321.
Idram and Glovo Sign Memorandum of Cooperation in BarcelonaIdram and Glovo Sign Memorandum of Cooperation in Barcelona
Regulator: Telecom operator Viva Armenia`s acquisition of GNC Alfa to  be completed in coming daysRegulator: Telecom operator Viva Armenia`s acquisition of GNC Alfa to  be completed in coming days
Luys Foundation: Public debt service burden remains highLuys Foundation: Public debt service burden remains high
Starting in July of this year, high-quality Armenian tomatoes to be  exported to EuropeStarting in July of this year, high-quality Armenian tomatoes to be  exported to Europe
Top Travel Destinations of 2026: IDBankTop Travel Destinations of 2026: IDBank
Development of livestock breeding in Armenia to be enshrined in  legislationDevelopment of livestock breeding in Armenia to be enshrined in  legislation
Armenia under incumbent premier to continue to work within EAEU -  expert Armenia under incumbent premier to continue to work within EAEU -  expert 
In Armenia, maximum number of shareholders in non-public funds to be  increased from 49 to 99In Armenia, maximum number of shareholders in non-public funds to be  increased from 49 to 99
Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030Armenia wants to fully clarify Real Estate Cadastre by January 1,  2030
Armenian premier proposes revoking tax benefits for small businesses  if they violate cash register receipt issuance rules three times  within year Armenian premier proposes revoking tax benefits for small businesses  if they violate cash register receipt issuance rules three times  within year 
Armenian premier to attend upcoming meeting of EAEU Intergovernmental  CouncilArmenian premier to attend upcoming meeting of EAEU Intergovernmental  Council
Armenian authorities extend restrictions on foreign cement imports  for another six monthsArmenian authorities extend restrictions on foreign cement imports  for another six months
 RA government approves signing of agreement on mutual recognition of  academic degrees in EAEU member states RA government approves signing of agreement on mutual recognition of  academic degrees in EAEU member states
 Armenian economic operators facing restrictions imposed by  Rosselkhoznadzor will receive additional benefits Armenian economic operators facing restrictions imposed by  Rosselkhoznadzor will receive additional benefits
AMD 5.548bln to be allocated to subsidize insurance premiums for  employees in universal health insurance systemAMD 5.548bln to be allocated to subsidize insurance premiums for  employees in universal health insurance system
RA Government to allocate AMD 1.634bln to fulfill financial  obligations to construction organizationsRA Government to allocate AMD 1.634bln to fulfill financial  obligations to construction organizations
Energy sector transformation must be one of most important areas of  our work - premier Energy sector transformation must be one of most important areas of  our work - premier 
 Expert names conditions for transforming logistics into pillar of  Armenian economy Expert names conditions for transforming logistics into pillar of  Armenian economy
Institution of restructuring insolvent banks being introduced in  Armenian banking systemInstitution of restructuring insolvent banks being introduced in  Armenian banking system
Armenian-Bulgarian Economic Ties DiscussedArmenian-Bulgarian Economic Ties Discussed
Liormand Holdings Limited  company`s legal team  issues statement  regarding ENA expropriation Liormand Holdings Limited  company`s legal team  issues statement  regarding ENA expropriation 
Stockholm Arbitration Institute grants Armenia`s motion to bifurcate  proceedings in case of Liormand Holdings Limited and Karapetyans v.  Armenia.Stockholm Arbitration Institute grants Armenia`s motion to bifurcate  proceedings in case of Liormand Holdings Limited and Karapetyans v.  Armenia.
DigiTec 2026: Dates announced for Armenia`s premier tech eventDigiTec 2026: Dates announced for Armenia`s premier tech event
Control Committee: Nationalization of ENA will be viewed as a  violation of the Tribunal`s decision Control Committee: Nationalization of ENA will be viewed as a  violation of the Tribunal`s decision 
Armenia is a small country, and its only advantage may be speed -  Sergey StanovkinArmenia is a small country, and its only advantage may be speed -  Sergey Stanovkin
Expert: Armenia is betting on boutique tourism, but key  challenges  lie aheadExpert: Armenia is betting on boutique tourism, but key  challenges  lie ahead
Armenia taking action against fictitious debt write-offsArmenia taking action against fictitious debt write-offs
Armenian authorities looking for new  export opportunities for  domestic products to EU marketsArmenian authorities looking for new  export opportunities for  domestic products to EU markets
"Zinap" CEO: 2025 marked the largest surplus between income and  expenditures in the fund`s history
Extraction of non-metallic mineral resources not on the state balance  sheet to be permitted in ArmeniaExtraction of non-metallic mineral resources not on the state balance  sheet to be permitted in Armenia
German company Monolith expresses interest in Armenian marketGerman company Monolith expresses interest in Armenian market
Gevorg Papoyan: Accessibility driving force behind tourism and  investment activityGevorg Papoyan: Accessibility driving force behind tourism and  investment activity
Armenia elected IOTA Executive Board member for first timeArmenia elected IOTA Executive Board member for first time
Armenia dealing with changing taxation of dividends received by  shareholders of commercial banksArmenia dealing with changing taxation of dividends received by  shareholders of commercial banks
The Armenian Parliament approved a report on the implementation of the country`s 2025 state budget.The Armenian Parliament approved a report on the implementation of the country`s 2025 state budget.
Armenian Minister of Economy announces his visit to RussiaArmenian Minister of Economy announces his visit to Russia
Armenian authorities want to create new forms of incentives for law-abiding taxpayers.Armenian authorities want to create new forms of incentives for law-abiding taxpayers.
Armenia will expand the mechanism for using electronic cash register receipts.Armenia will expand the mechanism for using electronic cash register receipts.
The EU is developing emergency measures to redirect Armenian food products to the European market - FTThe EU is developing emergency measures to redirect Armenian food products to the European market - FT
Customs inspections in Armenia to be similar to tax inspectionsCustoms inspections in Armenia to be similar to tax inspections
Process of community consolidation to continue in ArmeniaProcess of community consolidation to continue in Armenia
Rosselkhoznadzor: Restrictions on Armenian agricultural product  supplies not politically motivatedRosselkhoznadzor: Restrictions on Armenian agricultural product  supplies not politically motivated
CBA Lowers 2026 Outlook, Forecasting Moderated GDP Growth to 4.1–4.5% and Foreign Trade ContractionCBA Lowers 2026 Outlook, Forecasting Moderated GDP Growth to 4.1–4.5% and Foreign Trade Contraction
Armenia, France  establishing strategic cooperation in  military-industrial sectorArmenia, France  establishing strategic cooperation in  military-industrial sector
Armenia, Iran discuss opportunities to improve freight transportation  efficiencyArmenia, Iran discuss opportunities to improve freight transportation  efficiency
Armenia  to host  Global Healthcare Travel ForumArmenia  to host  Global Healthcare Travel Forum
Central bank: Gas price hike deemed highly unlikelyCentral bank: Gas price hike deemed highly unlikely
Central Bank of Armenia estimates potential deflationary impact of  export constraintsCentral Bank of Armenia estimates potential deflationary impact of  export constraints
Central Bank of Armenia: Near-term inflation uncertainties linked to  global food market trendsCentral Bank of Armenia: Near-term inflation uncertainties linked to  global food market trends
Eurasian Development Bank celebrates 20th anniversaryEurasian Development Bank celebrates 20th anniversary
Armenia, France discuss opportunities to expand cooperation in  defense industry, innovation, and advanced technologiesArmenia, France discuss opportunities to expand cooperation in  defense industry, innovation, and advanced technologies
``Do not trust your eyes’’: IDBank warns about fraud using deepfakes``Do not trust your eyes’’: IDBank warns about fraud using deepfakes
Moody s Ratings reaffirms ZCMC B2 credit rating with stable outlookMoody s Ratings reaffirms ZCMC B2 credit rating with stable outlook
Central Bank Governor:  Armenia holds strong position in economic  attractivenessCentral Bank Governor:  Armenia holds strong position in economic  attractiveness
Slovak company installs alternative water supply system at Armenian  NPPSlovak company installs alternative water supply system at Armenian  NPP
Up to 30% idcoin at pools: Idram&IDBankUp to 30% idcoin at pools: Idram&IDBank
The Central Bank of Armenia still maintains the refinancing rate at 6.5%.The Central Bank of Armenia still maintains the refinancing rate at 6.5%.
Armenian wines received high marks at the prestigious international IWSC competition.Armenian wines received high marks at the prestigious international IWSC competition.
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Exchange rates
18.06.2026
RUB5.01-0.03
USD368.190.13
EUR422.02-4.82
GBP487.00-6.64
CAD260.70-1.99
JPY22.88-0.09
CNY54.38-0.08
CHF458.12-6.48