Banks see great untapped potential in Shirak - Daniel Azatyan Monday, November 9 2026 13:27:11
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 ArmInfo. Shirak, compared to other regions of Armenia, has the smallest loan portfolio and less realized opportunities for bank lending. This was reported in Gyumri on the sidelines of the conference "The Economy of Armenia Outside Yerevan" Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), said in response to a question from an ArmInfo correspondent. |
Monday, November 9 2026 10:51
ArmInfo. In 2027, the Office of the Human Rights Defender of Armenia will receive 605 million drams from the state budget. This was announced by RA Minister of Finance Vahe Hovhannisyan on November 9 at a joint session of the National Assembly committees discussing the draft Basic Economic Law. >>> |
Friday, November 6 2026 17:49
ArmInfo. From November 2 to 6, both dollar and ruble transactions on the Armenian interbank currency market declined, while euro transactions have been suspended for a month. Specifically, the decline in dollar transactions slowed from 32% to 7%, while the trend in ruble transactions reversed from a 7% increase to a 34% decline. Nevertheless, the weekly volume of ruble transactions managed to maintain its dominance over dollar transactions, although the gap narrowed from 3.1 times to 2.2 times. >>> |
Thursday, November 5 2026 18:16
ArmInfo. The Eurasian Bank for Reconstruction and Development (EBRD) is interested in and ready to further invest in energy, waste collection and removal, urban development, water management, including drinking water supply, wastewater treatment, irrigation, and reservoir construction in Armenia. This was announced during a meeting between Armenian Deputy Finance Minister Edgar Mkrtchyan and an EBRD delegation. >>> |
Thursday, November 5 2026 17:31
ArmInfo. According to the draft state budget of the Republic of Armenia, the Ministry of Education, Science, Culture, and Sports (MESC) is planned to allocate almost 436 billion drams in 2027, which is 15.9 billion drams more than the 2026 allocations. This was stated by Zhanna Andreasyan, Head of the RA MESC, at a joint meeting of the National Assembly committees on November 5, where the draft state budget of Armenia for 2027 was being discussed. >>> |
Thursday, November 5 2026 13:13
ArmInfo. Recently, the Central Bank of Armenia has received reports of a new financial fraud scheme: individuals posing as utility service employees are making home visits under the guise of conducting inspections, obtaining citizens' personal information and then illegally using it to obtain loans and embezzle funds. This was noted in a statement from the Central Bank of Armenia. >>> |
Wednesday, November 4 2026 19:21
ArmInfo. An event dedicated to the official launch of the Armenia BRIDGE (Armenia Business Regulation for Investment, Digitalization, Growth, and Entrepreneurship) program was held in Yerevan. The program aims to improve the business and investment climate in Armenia, stimulate digitalization, and develop the private sector. >>> |
Wednesday, November 4 2026 17:51
ArmInfo. The traditional bell-ringing ceremony took place at the Armenia Securities Exchange (AMX), marking the entry of one of the country's leading investment companies, CUBE Invest, into the bond market for the first time as an issuer. >>> |
Wednesday, November 4 2026 16:55
ArmInfo. The net inflow of private transfers to Armenia in January-September 2026 jumped 2.2 times (versus 15.5% growth a year ago), exceeding $2.2 billion. Moreover, for non-commercial transfers, the net inflow slowed in annual growth from 25% to 16%, amounting to $604.8 million. The share of the latter in the total net inflow decreased significantly over the year from 51% to 27% (versus 67% in 2022). This is evidenced by data from the Central Bank of the Republic of Armenia. >>> |
Tuesday, November 3 2026 19:34
ArmInfo. Arnak Avetisyan, Deputy Minister of Territorial Administration and Infrastructure of Armenia, received a delegation from the European Bank for Reconstruction and Development (EBRD), led by Tea Melikdze, Regional Head of Infrastructure for the Caucasus. >>> |
Tuesday, November 3 2026 19:31
ArmInfo. There are signs of expanding external demand, primarily reflected in the increase in the number and duration of visits to Armenia, which creates significant risks of accelerated growth in wages and service prices in various sectors. >>> |
Tuesday, November 3 2026 17:58
ArmInfo.IDBank and Idram continue their series of financial literacy sessions. This time, the participants were young chess players from the Malatia-Sebastia Children and Youth Sports School. >>> |
Tuesday, November 3 2026 17:50
ArmInfo. According to a sensitivity analysis conducted by the Central Bank of Armenia, a 10% increase in gas prices would increase inflation in the country by 0.8%, but it is still unclear whether the relationship would be linear. Central Bank Chairman Martin Galstyan announced this at a press conference on November 3, explaining that this would directly and indirectly affect the consumer basket: directly through changes in gas prices, and indirectly through the gas component in electricity. >>> |
Tuesday, November 3 2026 16:27
ArmInfo. The draft state budget of the Republic of Armenia for 2027 envisages the allocation of approximately 7 billion 600 million drams to the National Assembly for the proper performance of its statutory functions. >>> |
Tuesday, November 3 2026 12:47
ArmInfo. The Central Bank of Armenia raised the refinancing rate by another 0.25%, from 6.75% to 7%. This decision was made on November 3 at a meeting of the Central Bank of Armenia's Board. According to this decision, the rates on Lombard repos were also increased by 0.25 percentage points, to 8.5%, and on deposits attracted from banks, to 5.5%. >>> |
Monday, November 2 2026 18:22
ArmInfo. Armenia's debt burden is three times higher than that of Azerbaijan and twice that of Georgia. Hayk Farmanyan, a member of parliament from the Strong Armenia opposition faction, stated this in a conversation with journalists in parliament on November 2, commenting on the draft state budget for 2027 presented by Prime Minister Nikol Pashinyan. >>> |
Monday, November 2 2026 14:29
ArmInfo. On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms: >>> |
Monday, November 2 2026 12:34
ArmInfo. Armenia's gross international reserves (GIR) increased by 55.4% per annum or $2.4 billion by October 2026, setting a new record at $6.666 billion, while in the same period of 2025 the growth was more modest - by 20% or $715.7 million - to $4.289 billion. In September alone, GIR grew modestly - by 2% (or $133.7 million), against an insignificant growth of 1.1% (or $46.1 million) a year earlier in the same month. Over the 9 months of this year, GIR increased by 31.1% (or $1.6 billion), while a year ago, for the same period, a relatively modest growth of 16.4% (or $604.1 million) was recorded. This is evidenced by data from the Central Bank of the Republic of Armenia. >>> |
Friday, October 30 2026 19:16
ArmInfo. From October 26 to 30, dollar transactions on the Armenian interbank currency market declined, while ruble transactions began to rise. Meanwhile, euro transactions have been suspended for the third week. Specifically, dollar transactions reversed from a 2.2-fold increase to a 32% decline, while ruble transactions, conversely, reversed from a 14.5% decline to a 7% increase. This allowed the weekly volume of ruble transactions to maintain its dominance over dollar transactions, with the gap increasing from 2x to 3.1x. >>> |
Friday, October 30 2026 18:58
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Friday, October 30 2026 18:44
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