ADX Group CEO: Tabadul plays a strategic role in our ambition to reshape regional capital mobility Tuesday, June 24 2025 10:28:01
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 ArmInfo.Converse Bank is the first and currently the only financial institution in Armenia engaged in exchange trading that has joined the Tabadul regional hub through AMX, becoming a full member. During ConFEAS 2025, the Bank also participated in the very first transaction in Armenia executed through the platform. |
Monday, June 23 2025 19:30
ArmInfo.The increased risks of a stronger external inflationary impact amid the geopolitical escalation in the Middle East are raising the likelihood of a tighter monetary policy trajectory for the Central Bank of Armenia than previously anticipated, as noted in the weekly macro review by the Eurasian Development Bank (EDB). >>> |
Monday, June 23 2025 15:02
ArmInfo. Ameriabank has become the first bank in Armenia to offer its investment clients direct access to the Armenia Stock Exchange (AMX) trading system, AMXTrader, through the MyInvest platform. Through this new integration, MyInvest users can submit, buy and sell orders directly from Ameriabank's mobile app, which are instantly reflected in the AMXTrader system as stated by Diana Hakobyan, Co-Director of America's FX and Brokerage Operations, in an interview with journalists on June 23 during an event dedicated to the launch of cooperation with AMX. >>> |
Saturday, June 21 2025 12:36
ArmInfo. On the Armenian interbank currency market from June 16 to 20, 2025, dollar transactions jumped, while ruble transactions began to decline. Euro transactions have not been conducted for the third week. In particular, the weekly trend of ruble transactions reversed from 7.1% growth to 73.3% decline, and for dollar transactions, the trend went from a 60% decline to an impressive growth of 2.3 times. >>> |
Thursday, June 19 2025 22:11
ArmInfo.On June 13, the exclusive event “Invest Beyond Borders: Global Mobility & Private Banking” was held at the Dvin Hall of The Alexander, a Luxury Collection Hotel, in Yerevan. The gathering was jointly organized by IDBank and Henley & Partners. >>> |
Thursday, June 19 2025 18:00
ArmInfo. On June 19, 2025, AraratBank held its Annual General Meeting of Shareholders, which took place at Hartak Conference Hall of the DVIN hotel complex. >>> |
Thursday, June 19 2025 15:13
ArmInfo. The comparative calm in the first months of 2025 on the mortgage lending market in Armenia was a consequence of the so-called progressive growth in December. In an interview with an ArmInfo correspondent, experts explained the strong influx of people wishing to take out a mortgage before the end of 2024 by the fact that the tax deduction mechanism for these loans will be canceled from 2025. In fact, as they explained, everyone who managed to get a mortgage loan before the current year will have the opportunity to use the preferential mechanism. >>> |
Thursday, June 19 2025 14:44
ArmInfo. At the annual general meeting, Acba Bank shareholders decided to allocate 6.584 billion drams or 1100 drams per share from the net profit of 28.8 billion drams received in 2024 to pay dividends. This was noted in the statement of Acba Bank published on June 18. According to the decision on the payment of dividends, the payments should be completed on June 20, 2025. >>> |
Wednesday, June 18 2025 15:40
ArmInfo. On June 17, Ardshinbank celebrated the grand opening of its new Sebastia branch. >>> |
Wednesday, June 18 2025 08:43
ArmInfo.The Central Bank of Armenia has revised its GDP growth forecast for 2025 from the previous range of 7-4.5% to a new range of 5.1-4.6% (compared to the actual 5.9% growth in 2024). The Central Bank has also adjusted its GDP growth forecast for 2026, now anticipating a slowdown to 4.9-4.4%, instead of the previous 4.7-7% (depending on the inflation trajectory). >>> |
Tuesday, June 17 2025 18:32
ArmInfo. At the moment, the Armenian banking system does not have any issues when it comes to countering potential risks. The Chairman of the Central Bank of Armenia, Martin Galstyan, made this statement during a press conference on June 17, when responding to journalists questions about the potential impact of the escalation of the Iran-Israel conflict on the stability of Armenia's banking system. >>> |
Tuesday, June 17 2025 18:25
ArmInfo. The factor of the Iranian-Israeli conflict may lead to an increase in the refinancing rate in Armenia, as stated by Martin Galstyan, the Chairman of the Central Bank of Armenia, in parliament on June 17. >>> |
Tuesday, June 17 2025 13:27
ArmInfo. The Central Bank of Armenia has once again left the refinancing rate unchanged at 6.75%. This decision was made on June 17 at a meeting of the Central Bank Board. >>> |
Tuesday, June 17 2025 11:40
ArmInfo. Converse Bank has secured trade finance line from the International Finance Corporation (IFC). The agreement was signed on June 16 in Vienna by IFC's Regional Industry Manager, Financial Institutions Group, Europe, Etleva Koka and Converse Bank's CEO, Chairman of the Executive Board Andranik Grigoryan. It aims at strengthening Bank’s support for importers and exporters in Armenia and enhancing the Bank’s capacity to facilitate international trade, improve access to global markets, and provide better financing solutions for its customers involved in trade worldwide. >>> |
Monday, June 16 2025 18:40
ArmInfo. The Hospitality Investment Forum 2025 (HIF), the leading professional platform in Armenia for discussing the development of the hospitality industry, will take place in Yerevan on June 18. >>> |
Monday, June 16 2025 18:11
ArmInfo. The “By Your Side” initiative is back — with a new format, a new focus, and a renewed message. Originally launched in 2024 to support forcibly displaced compatriots from Artsakh, the program initially provided direct social assistance to 150 children. >>> |
Monday, June 16 2025 16:41
ArmInfo. Armenia does not plan to enter the Eurobond market 6 times in 2025 and 2026. From now on, we will be guided by the situation, as stated by the RA Minister of Finance Vahe Hovhannisyan on June 16 at a press conference, in response to a question from ArmInfo. >>> |
Monday, June 16 2025 14:49
ArmInfo. Armenia's Medium-Term Expenditure Program 2026-2028 is a strong and ambitious document, as stated by the Minister of Finance of the Republic of Armenia, Vahe Hovhannisyan, during a press conference on June 16 where the document was presented. >>> |
Saturday, June 14 2025 12:20
ArmInfo. In the Armenian interbank foreign exchange market from June 9 to June 13, 2025, dollar transactions continued to decline, while ruble transactions increased. Euro transactions were not conducted for the second week in a row. Specifically, the weekly trend for ruble transactions shifted from an 88.4% decline to a 7.1% growth, while dollar transactions continued to decline at a faster pace from 8% to 60%. As a result, ruble transactions once again surpassed dollar transactions by 2 times, whereas the previous week, dollar transactions had been leading by 1.4 times. In the interbank foreign exchange market during the reporting week (09-13.06.25 compared to 02-06.06.25) the trend for buying and selling dollars continued to rise, while the trend for buying and selling euros decreased. Ruble transactions saw a decline with a noticeable decrease in rates. >>> |
Friday, June 13 2025 21:05
ArmInfo. During a meeting with a World Bank delegation, Armenian Deputy Prime Minister Tigran Khachatryan emphasized the importance of collaboration in areas such as the local economy, infrastructure, agriculture and water management. >>> |
Friday, June 13 2025 19:13
ArmInfo.Growth in assets, an increase in annual profit, significant achievements, and new development opportunities — this is how the financial year 2024 can be described for ARMECONOMBANK. >>> |
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