Monday, September 1 2025, 13:29
ArmInfo. In the banking sector of Armenia, against the backdrop of active consumer lending (growth by 29%), the growth of delinquencies has accelerated sharply - from 6% to a double-digit 39%, taking into account high-risk bad loans.
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Monday, July 28 2025, 11:01
ArmInfo. In the first half of 2025, the banking system of Armenia increased tax deductions to the state treasury by 28% per annum - to 105.3 billion drams ($274 million). Of this amount, 93% or 97.9 billion drams were paid in direct taxes, with an annual growth of 30%. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia, according to which a year ago, tax deductions of the banking system to the state treasury were in decline by 11.4%, with a decline of 13% in direct taxes.
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Monday, July 21 2025, 13:29
ArmInfo. The ongoing lending activity in the first half of 2025 has enabled Armenian banks to consistently increase their profits at double-digit rates. This is evident in the 29% annual increase in the loan portfolio reaching 6.9 trillion ($18 billion) and the total net profit of banks rising 17% per annually to 200.7 billion drams ($522 million), according to data from the Express Ranking of Armenian Banks as of 30.06.2025, prepared by the Investment Company ArmInfo.
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Thursday, May 15 2025, 11:58
ArmInfo. Inecobank will receive $15 million under the EBRD Green Economy Financing Facility. The loan will be used to support small businesses and corporate clients in investing in green technologies.
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Wednesday, April 30 2025, 15:35
ArmInfo. The Armenian government is changing the scopes of creditors for the program to resume operations at the Amoulsar gold mine. The decision was made by the Cabinet of Ministers on April 30. As stated in the explanatory note to the document, the adoption of the project is conditioned by the necessity to ensure the issuance of a budget guarantee in order to
ensure the normal course of activities of <Lidian Armenia> CJSC.
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Saturday, April 26 2025, 12:59
ArmInfo. In the first quarter of 2023, the banking system of Armenia increased tax payments to the state treasury by 25% per annum - up to 27.7 billion drams ($70.8 million). Of this amount, 85.5% or 23.8 billion drams were paid in direct taxes, with an annual growth of 26%. This is evidenced by the data of the State Revenue Committee of the Republic of Armenia.
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Monday, April 21 2025, 15:09
ArmInfo. The continued lending activity in the first quarter of 2025 has enabled Armenian banks to increase profits at double-digit rates. Thus, the growth in the loan portfolio by 28% per annum, reaching 6.5 trillion ($16.7 billion) has contributed to a 21% annual increase in the total net profit of banks, amounting to 100.6 billion drams ($256.9 million). This is evidenced by data from the Express Ranking of Armenian Banks as of 31.03.2025, prepared by ArmInfo Investment Company.
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Saturday, April 12 2025, 13:45
ArmInfo. The bonds of The Crowdfunding Formula (TCF), one of the leading companies in Armenia providing innovative and non-standard investment solutions, have been listed on the Armenian Stock Exchange (AMX) in the Bbond list. As noted in the AMX press release, TCF is the first technology company in Armenia to issue securities.
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Thursday, March 6 2025, 16:48
ArmInfo. Armenian banks have started to decrease the rate of lending to the economy, while increasing consumer lending at a faster rate.
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Monday, January 27 2025, 20:04
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Monday, January 20 2025, 20:48
ArmInfo. An active lending policy in 2024 allowed Armenian banks to ensure high profit growth. Thus, an increase in the loan portfolio by 25% - to 6.3 trillion ($ 15.8 billion) increased net profit by 61% - to 363.2 billion drams ($ 915.8 million). This is evidenced by the data of the Express Ranking of Armenian Banks as of 31.12.2024, prepared by ArmInfo Investment Company.
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Tuesday, December 3 2024, 14:16
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Friday, November 15 2024, 18:13
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Monday, October 28 2024, 16:35
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Tuesday, September 3 2024, 14:28
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Friday, July 26 2024, 20:08
ArmInfo. Ameriabank continues to lead among other Armenian banks in a row. According to the data of the State Revenue Committee, in the first half of 2024, Ameriabank ranked 6th (versus 4th a year earlier), having paid 17.5 billion AMD to the state budget, of which 16.5 billion AMD were direct taxes (including profit tax, income tax).
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Thursday, July 18 2024, 18:02
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Thursday, May 23 2024, 17:53
ArmInfo. The banking system of Armenia has begun actively lending to the economy and population, but the industrial sector remains the 'Achilles heel' of the loan portfolio, according to the data of the Financial Rating of Banks of Armenia as of March 31, 2024, prepared by ArmInfo.
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Thursday, May 16 2024, 20:47
ArmInfo. The European Bank for Reconstruction and Development (EBRD) is boosting its support for
micro, small and medium-sized businesses (MSMEs) in Armenia by extending new financing to Armeconombank, a press release from the EBRD notes.
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Friday, May 3 2024, 18:22
ArmInfo.Businesses in Armenia will have more opportunities to invest in green technologies thanks to a US$ 10
million (EUR 9.3 million) loan, which the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing to Inecobank for on-lending to corporates and small and medium-sized enterprises (SMEs) for green investments. This is stated in the official statement of the EBRD.
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