IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch Campaign

 Wednesday, August 5 2026 18:38:02
IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch Campaign

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.

Converse Bank and Visa expand their strategic partnership to introduce new customer solutions 
 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.

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Daniel Azatyan outlines risks of taxing dividends for commercial bank  shareholders
 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.

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Central Bank of Armenia: Export market challenges raise income  decline risks for Armenia`s economy 
 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.

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Daniel Azatyan: Retail and corporate lending interest rates   decreased slightly in H1 2026
 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.

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Armenia`s Union of Banks forecasts  6-7% profit growth for banks in  2026
 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.

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RA Central Bank maintains refinancing rate at 6.5%
 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.

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Ardshinbank Mastercard Cardholders to Receive 10% Cashback on Restaurant and Café Purchases
 Tuesday, August 4 2026 12:01

ArmInfo. Ardshinbank, in partnership with Mastercard, is launching a cashback promotion for its cardholders.

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MyInvest as autopilot for your investments - Ameriabank presents new  terms for investors
 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.

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Government personnel bank is being formed in Armenia - premier 
 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.

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Idram and IDBank Support Startups at Seaside Startup Summit
 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.

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Armenia`s gross international reserves reach record $5.899 billion by  July 2026
 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.

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Tatiana Kim: Businesses from Kyrgyzstan, Belarus, Kazakhstan,  Armenia, Uzbekistan, and China have suffered billions in losses
 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.

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“Free In-Game Bonuses”: IDBank Warns About Cyberattacks Targeting Schoolchildren
 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.

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Armenian Foreign Exchange Market sees declines across Dollar, Ruble,  and Euro trading volumes (July 27-31)
 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.

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Moody s affirms Converse Bank`s ratings and changes outlook to positive from stable
 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.

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Central Bank: Countercyclical capital buffer to be increased from  1.75% to 2%:; the countercyclical rate is effective from February 1,  2027
 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.

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Armenia Stock Exchange Receives Prestigious International Award for 25 Years of Excellence – Capital Market Development Armenia 2026
 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.

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Rate.Trading Platform at Seaside Startup Summit: IDBank Introduces an Innovative Solution
 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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Moody s Ratings changes Armenia`s outlook to positive from stable; expecting GDP growth of 5-5.5% in 2026-2027
 Wednesday, July 29 2026 16:26

ArmInfo. Moody's has improved the outlook on Armenia's sovereign rating from "Stable" to "Positive," affirming the long-term rating at "Ba3." As noted in a statement released today by the Central Bank of Armenia, the rating agency made this decision yesterday.  Moody's based the change in Armenia's sovereign rating outlook on the following key factors:  Reducing geopolitical and political risks. a material reduction in political risks underpinned by a lower probability of renewed large-scale hostilities with Azerbaijan, the normalization of relations with Turkey. a rebalancing of external relations toward a more diversified set of partners, and contained domestic political risks

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Arman Barseghyan: Armenia`s capital market will continue to grow at a  rapid pace
 Tuesday, July 28 2026 18:28

ArmInfo. Armenia's capital market will continue to expand at a rapid pace, which will also be reflected in the country's economic development.

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News
IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch CampaignIDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch Campaign
Converse Bank and Visa expand their strategic partnership to introduce new customer solutions Converse Bank and Visa expand their strategic partnership to introduce new customer solutions 
Economic activity growth in Armenia accelerated to 7.9% in H1 2026,  while foreign trade remains in declineEconomic activity growth in Armenia accelerated to 7.9% in H1 2026,  while foreign trade remains in decline
PSRC extends thermal power production license for Hrazdan-5 CJSCPSRC extends thermal power production license for Hrazdan-5 CJSC
Armenian government to obtain two new loans totaling over $320  million to finance country`s state budget deficitArmenian government to obtain two new loans totaling over $320  million to finance country`s state budget deficit
Regular meeting of North-South Project Steering Council heldRegular meeting of North-South Project Steering Council held
Daniel Azatyan outlines risks of taxing dividends for commercial bank  shareholdersDaniel Azatyan outlines risks of taxing dividends for commercial bank  shareholders
Central Bank of Armenia: Export market challenges raise income  decline risks for Armenia`s economy Central Bank of Armenia: Export market challenges raise income  decline risks for Armenia`s economy 
Daniel Azatyan: Retail and corporate lending interest rates   decreased slightly in H1 2026Daniel Azatyan: Retail and corporate lending interest rates   decreased slightly in H1 2026
Armenia`s Union of Banks forecasts  6-7% profit growth for banks in  2026Armenia`s Union of Banks forecasts  6-7% profit growth for banks in  2026
UBA Head: Armenia`s banking system mortgage portfolio to achieve 16%   growth by 2026UBA Head: Armenia`s banking system mortgage portfolio to achieve 16%   growth by 2026
SRC uncover approximately AMD 1.3 bln in shadow turnover at gasoline  and diesel fuel sales pointsSRC uncover approximately AMD 1.3 bln in shadow turnover at gasoline  and diesel fuel sales points
Sale of over 70,000 bottles of drinking water and carbonated  beverages from Armenia suspended in RussiaSale of over 70,000 bottles of drinking water and carbonated  beverages from Armenia suspended in Russia
RA Central Bank maintains refinancing rate at 6.5%RA Central Bank maintains refinancing rate at 6.5%
Ardshinbank Mastercard Cardholders to Receive 10% Cashback on Restaurant and Café PurchasesArdshinbank Mastercard Cardholders to Receive 10% Cashback on Restaurant and Café Purchases
MyInvest as autopilot for your investments - Ameriabank presents new  terms for investorsMyInvest as autopilot for your investments - Ameriabank presents new  terms for investors
Government personnel bank is being formed in Armenia - premier Government personnel bank is being formed in Armenia - premier 
Idram and IDBank Support Startups at Seaside Startup SummitIdram and IDBank Support Startups at Seaside Startup Summit
Garik Boshyan appointed manager of  Ararat Yerevan Brandy-Wine-Vodka  factoryGarik Boshyan appointed manager of  Ararat Yerevan Brandy-Wine-Vodka  factory
SRC: Quota for duty-free import of electric vehicles for non-dealers  90% usedSRC: Quota for duty-free import of electric vehicles for non-dealers  90% used
Tax incentives should be treated as state programs with clear goals  and measurable outcomes - JrbashyanTax incentives should be treated as state programs with clear goals  and measurable outcomes - Jrbashyan
Armenia`s gross international reserves reach record $5.899 billion by  July 2026Armenia`s gross international reserves reach record $5.899 billion by  July 2026
 Investment program for initial phase of AI plant construction totals  $150 Million, with around $70 mln already utilized Investment program for initial phase of AI plant construction totals  $150 Million, with around $70 mln already utilized
Tatiana Kim: Businesses from Kyrgyzstan, Belarus, Kazakhstan,  Armenia, Uzbekistan, and China have suffered billions in lossesTatiana Kim: Businesses from Kyrgyzstan, Belarus, Kazakhstan,  Armenia, Uzbekistan, and China have suffered billions in losses
The Armenian Embassy in Georgia: Supplies of Armenian agricultural products to the Georgian market continue to expand.The Armenian Embassy in Georgia: Supplies of Armenian agricultural products to the Georgian market continue to expand.
“Free In-Game Bonuses”: IDBank Warns About Cyberattacks Targeting Schoolchildren“Free In-Game Bonuses”: IDBank Warns About Cyberattacks Targeting Schoolchildren
Gevorg Papoyan: Not a single kilogram of tomatoes will remain in the fieldsGevorg Papoyan: Not a single kilogram of tomatoes will remain in the fields
Expert: No overheating on  real estate rental marketExpert: No overheating on  real estate rental market
Armenian Foreign Exchange Market sees declines across Dollar, Ruble,  and Euro trading volumes (July 27-31)Armenian Foreign Exchange Market sees declines across Dollar, Ruble,  and Euro trading volumes (July 27-31)
Ambassador: Armenia  can secure an  important position on  global  tech mapAmbassador: Armenia  can secure an  important position on  global  tech map
Moody s affirms Converse Bank`s ratings and changes outlook to positive from stableMoody s affirms Converse Bank`s ratings and changes outlook to positive from stable
Opinion: EAEU member states` restrictive measures do not  automatically signal a crisis in integration projectOpinion: EAEU member states` restrictive measures do not  automatically signal a crisis in integration project
Central Bank: Countercyclical capital buffer to be increased from  1.75% to 2%:; the countercyclical rate is effective from February 1,  2027Central Bank: Countercyclical capital buffer to be increased from  1.75% to 2%:; the countercyclical rate is effective from February 1,  2027
Aeroflot  launches new flight from Krasnodar to GyumriAeroflot  launches new flight from Krasnodar to Gyumri
Mkhitar Hayrapetyan: Effective combination of agriculture and  advanced technologies is crucial for modern agricultural sector  developmentMkhitar Hayrapetyan: Effective combination of agriculture and  advanced technologies is crucial for modern agricultural sector  development
Tsaghkadzor hotel under investigation for evading over AMD 78 mln in  taxes — SRCTsaghkadzor hotel under investigation for evading over AMD 78 mln in  taxes — SRC
At the Ministry of Economy, opportunities for the development of e-commerce in Armenia were discussedAt the Ministry of Economy, opportunities for the development of e-commerce in Armenia were discussed
Armenia and Iran discuss  energy infrastructure and construction  progressArmenia and Iran discuss  energy infrastructure and construction  progress
 Wildberries initiates seller compensations, including for Armenian  businesses Wildberries initiates seller compensations, including for Armenian  businesses
Russia reserves right to seek compensation if Armenia revises railway  obligations: Maxim ReshetnikovRussia reserves right to seek compensation if Armenia revises railway  obligations: Maxim Reshetnikov
Head of Russian Railways: Russian Railways Fully Fulfills Its Obligations Under the Concession Agreement with ArmeniaHead of Russian Railways: Russian Railways Fully Fulfills Its Obligations Under the Concession Agreement with Armenia
Settlements not covered by Settlements not covered by "Veolia Djur" could become areas for new cooperation between Armenia and the UAE
Minister of Economy of Armenia signs decree appointing David  Gevorgyan as Manager of Minister of Economy of Armenia signs decree appointing David  Gevorgyan as Manager of "Araratcement" CJSC
Armenia and Sweden discussed opportunities for developing bilateral cooperation in the fields of high technologyArmenia and Sweden discussed opportunities for developing bilateral cooperation in the fields of high technology
Armenia Stock Exchange Receives Prestigious International Award for 25 Years of Excellence – Capital Market Development Armenia 2026Armenia Stock Exchange Receives Prestigious International Award for 25 Years of Excellence – Capital Market Development Armenia 2026
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Pashinyan does not rule out arbitration court appeal regarding  termination of concession agreementPashinyan does not rule out arbitration court appeal regarding termination of concession agreement
Pashinyan on Tsarukyan`s enterprises: Our goal is not to eliminate  jobsPashinyan on Tsarukyan`s enterprises: Our goal is not to eliminate jobs
World Bank Forecast: Armenia`s economy transitioning from  exceptionally strong recovery (2022–2025) to a more moderate growth  trajectory of 5.3% in 2026World Bank Forecast: Armenia`s economy transitioning from exceptionally strong recovery (2022–2025) to a more moderate growth trajectory of 5.3% in 2026
Dual Belarusian-Russian investor serves notice of dispute against  Armenia  over expropriation of Tsarukyan`s enterprisesDual Belarusian-Russian investor serves notice of dispute against Armenia over expropriation of Tsarukyan`s enterprises
 Gevorg Papoyan:  Ministry of Economy employee to become new director  of Araratcement CJSC Gevorg Papoyan:  Ministry of Economy employee to become new director  of Araratcement CJSC
World Bank forecasts Armenia`s poverty rate to continue declining in  2026–2028World Bank forecasts Armenia`s poverty rate to continue declining in  2026–2028
AMD 650 mln  to be allocated for completion of Vedi reservoir  construction projectAMD 650 mln  to be allocated for completion of Vedi reservoir  construction project
RA Government to provide financial assistance to fish farms in   Ararat and Armavir regionsRA Government to provide financial assistance to fish farms in   Ararat and Armavir regions
Armenia introduces temporary restrictions on  import of tomatoes and  tomato pasteArmenia introduces temporary restrictions on  import of tomatoes and  tomato paste
FlyOne Armenia has launched direct flights between Yerevan and Tashkent.FlyOne Armenia has launched direct flights between Yerevan and Tashkent.
Armenia is restoring railways to the borders with Turkey and Azerbaijan - pravda.ruArmenia is restoring railways to the borders with Turkey and Azerbaijan - pravda.ru
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Green Rock and Hyatt Sign Agreement for Armenia’s First Hyatt Regency Hotel and Hold Official Groundbreaking CeremonyGreen Rock and Hyatt Sign Agreement for Armenia’s First Hyatt Regency Hotel and Hold Official Groundbreaking Ceremony
Luys Foundation Armenia`s foreign trade dynamics risk further deterioration amid Russian restrictionsLuys Foundation Armenia`s foreign trade dynamics risk further deterioration amid Russian restrictions
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