EIB Global and Ardshinbank launch €100 million partnership to boost business growth and job creation in Armenia Friday, December 12 2025 19:28:01
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 ArmInfo.EIB Global will provide a €100 million loan to Ardshinbank to boost access to finance for micro, small and medium-sized enterprises and mid-caps in Armenia. |
Wednesday, November 26 2025 12:53
ArmInfo. Armenian commercial banks will be granted the right to provide mortgage loans electronically through a multilateral agreement between real estate sellers and buyers. At its November 26 meeting, the National Assembly's Committee on Economic Affairs approved the second-reading amendments to the Civil Code and the Law "On State Registration of Property Rights" submitted by the Armenian government. >>> |
Tuesday, November 25 2025 19:00
ArmInfo.The EIB Group (EIB and EIF) will provide a 30 million euro partial portfolio guarantee to Inecobank to boost access to finance for micro, small, and medium enterprises (MSMEs) in Armenia. This initiative is expected to support around 120 Armenian MSMEs and sustain 1,800 jobs. The project is supported by the European Commission under the EU4Business Guarantee Facility. >>> |
Tuesday, November 25 2025 17:25
ArmInfo.AMIO Bank has announced the issue of its next tranche of registered, non-convertible, coupon-bearing dram bonds in the amount of 2.5 billion drams, which will be placed through a public offering. >>> |
Tuesday, November 25 2025 16:33
ArmInfo. The joint campaign of AraratBank and Arca "Transfer by Phone Number" has been concluded. Within the campaign, AraratMobile app users who transferred AMD 50,000 or more with ArcaPay between October 1 and October 31 were provided with a chance to become lucky winners of the campaign and enjoy numerous gifts. >>> |
Tuesday, November 25 2025 12:00
ArmInfo. IDBank has made a significant contribution to the transformative changes in Armenia’s banking system in recent years. As one of the leaders in digital banking, the bank’s development is strongly driven by strategic cooperation with digital payment systems and fintech companies. As a core value, the bank offers its nearly 750,000 customers a multifunctional and unified digital banking and payment platform. Through this platform, customers can carry out operations that help build an ecosystem designed to enhance the customer experience, regardless of location, time, or circumstances. >>> |
Monday, November 24 2025 20:37
ArmInfo. As of October 1, 2025, the Armenian plastic market contained over 4.7 million cards, with an annual growth rate of 15%. Moreover, the number of microprocessing cards with NFC chips has almost doubled in three years, including a 26% year-on-year increase, reaching 3.9 million, or 83% of the total number of cards, according to data from the Central Bank of Armenia. >>> |
Monday, November 24 2025 17:14
ArmInfo. Monitoring conducted by the Central Bank of Armenia has uncovered fraudulent activities by unlicensed companies operating under the names DaoBit, Orbis (Orbis Exchange), and GKGD. According to the Central Bank of Armenia, these companies are making public offers for attraction of money promising high returns, without having the right to conduct such transactions. >>> |
Monday, November 24 2025 13:28
ArmInfo. The problem of underfulfillment of both current and capital expenditures remains pressing. Armenian Finance Minister Vahe Hovhannisyan stated this on November 24 at a meeting of the parliamentary committee on financial, budgetary, and credit issues, presenting a report on the state budget execution for the first nine months of this year. >>> |
Monday, November 24 2025 11:56
ArmInfo. The problem of underfulfillment of both current and capital expenditures remains pressing. Armenian Finance Minister Vahe Hovhannisyan stated this on November 24 at a meeting of the parliamentary committee on financial, budgetary, and credit issues, presenting a report on the state budget execution for the first nine months of this year. >>> |
Friday, November 21 2025 20:05
ArmInfo. From November 17 to 21, 2025, both dollar and ruble transactions began to decline in the Armenian interbank foreign exchange market. Euro transactions have been on hold for over six months. Specifically, the trend in dollar transactions shifted from a 47% increase to a 5% decline, and ruble transactions shifted from a 65% increase to a 36% decline. >>> |
Friday, November 21 2025 18:59
ArmInfo.A few days ago, employees of IDBank and Idram held training sessions on financial literacy for ZINAPAH National Foundation for Servicemen Insurance beneficiary women at the “Nairi” family camp in Tsaghkadzor. >>> |
Friday, November 21 2025 17:28
ArmInfo. Armenia's financial sector is stable due to high loan growth, a low share of non-performing loans (NPLs), and strong capital buffers. However, the high rate of loan growth and the significant share of consumer loans and mortgages indicate debt accumulation, which could become a heavy burden in the event of deteriorating financial conditions or macroeconomic stress. >>> |
Friday, November 21 2025 17:21
ArmInfo. The Armenian Ministry of Finance will soon submit a draft law on capital expenditure depreciation, as stated by Armenian Finance Minister Vahe Hovhannisyan during a discussion with Fabrizio Zarcone, Head of the World Bank (WB) Mission to Armenia, at an event marking the release of the first WB report, "Armenia's Economic Pulse: Fairer Markets for Inclusive Growth." >>> |
Friday, November 21 2025 11:36
ArmInfo. Eduard Hakobyan, Chairman of the State Revenue Committee (SRC), received Marine Legard, the newly appointed Head of Programs for the French Development Agency (AFD) in Armenia. >>> |
Thursday, November 20 2025 16:20
ArmInfo. The net private transfer inflow to Armenia in January- September 2025 reversed its annual trend, shifting from a 33.3% decline to a 15.5% increase, totaling $1.02 billion. Moreover, for non-commercial transfers, the annual net inflow trend also reversed, moving from a 40.4% decline to a 25% increase, exceeding $523 million in absolute terms. The share of the latter in the total net inflow rose over the year from 47% to 51% (compared to 67% in 2022), according to data from the Central Bank of Armenia. >>> |
Thursday, November 20 2025 12:53
ArmInfo. Idram continues to strengthen its leading position in Armenia’s financial sector. By the decision of the Board of the Central Bank of the Republic of Armenia, “Idram” LLC has been granted a permit to create and operate the national payment and settlement QR system “IdramNet.” >>> |
Thursday, November 20 2025 12:23
ArmInfo. Converse Bank has launched the initial public offering of its next coupon-denominated dram bonds with an issue volume of 2 billion drams and two dollar bonds with a volume of $5 million each. According to Converse Bank's announcement, the initial public offering of these tranches, which began on November 18, is scheduled to be completed on February 18, 2026. >>> |
Thursday, November 20 2025 11:59
ArmInfo. Armenia will receive a $16.456 million grant from the Global Concessional Financing Facility (GCFF) to co-finance a $250 million loan program aimed at addressing the housing needs of internally displaced persons (IDPs) from Nagorno-Karabakh. The decision was approved by the Armenian Cabinet of Ministers on November 20. >>> |
Wednesday, November 19 2025 15:27
ArmInfo. Recently, IDBank achieved another major milestone: by the decision of the Board of Governors of the U.S. Federal Reserve System dated November 12, 2025, the Bank was granted permission to open a representative office in Glendale, California, USA. >>> |
Wednesday, November 19 2025 12:05
ArmInfo. RoboTon 2025 was a true celebration filled with robots, technologies, interactive entertainment, and of course, a financial literacy component. Through another collaboration between Idram and Mind Center, this event became a highly anticipated occasion for schoolchildren interested in the field. It offered a unique opportunity to exchange ideas and experiences, as well as to meet and interact with peers. The event featured robot testing, demonstrations, and a panel discussion with parents on the importance of future-oriented education for children. >>> |
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