ArmInfo.The Central Bank of Armenia forecasts a GDP growth of 7.1-4.7% in 2026 and then 5.7-5.3% in 2027, also expecting an improvement in foreign trade dynamics. As a result, the absolute value of GDP will increase to 12.6-12.2 trillion drams (in 2026 from an actual 11.3 trillion drams in 2025), with subsequent growth to 13.8-13.3 trillion drams in 2027, as noted in the Central Bank of Armenia's March report, "Monetary Policy for Q1 2026."

ArmInfo.In Armenia, the per capita debt burden reached $4.700 by January 1, 2026 (compared to  $4.200 in 2024). Moreover, the per capita debt burden from external debt increased from $2.100 to $2.300 (by 9.5%) in 2025, and from domestic debt from $2.1 thousand to $2.400 (a 14.3% increase).

ArmInfo. A possible slowdown in economic growth in Armenia amid significant growth in the credit  market threatens to result in a significant increase in toxic assets, primarily risky loans, according to  ArmInfo analysts, who analyzed the performance of the banking system (Financial Ratings of Armenian Banks bulletin) for 2025. It is noted that in 2025, in the Armenian banking sector  the growth rate of corporate lending outpaced the  growth rate of retail lending - 24% compared to 21%, while in 2024 the picture was the opposite - 18% compared to 33%.

ArmInfo. Instead of establishing a dialogue with the environmental community to explain its mission, the gold mining company Lydian Armenia has apparently adopted the  principle of "its own inviolability" through legal protection. "From now on, the company will consistently defend its rights and the rights of thousands of stakeholders in the Amulsar project," as noted in the company's statement. 

ArmInfo.Armenia's GDP growth is expected to exceed the budgeted figure by the end of 2026, as stated by Armenian Economy Minister Gevorg Papoyan during a press-  briefing  on February 26.  He attributed this belief to the  government's policies, the business community's response, and the  country's growth rate.

ArmInfo. S&P Global Ratings forecasts Armenia's real GDP to expand by 5.3% in 2026 and  to 4.8% in 2027, after which the rate will increase to 5% in 2028.  

ArmInfo.Based on data released by the State Revenue Committee of the Republic of Armenia on taxes and duties, as of December 31, 2025, Ardshinbank ranks first among Armenian banks for total tax payments and is listed among the top five of Armenia’s 1,000 largest taxpayers.

ArmInfo.  Fitch Ratings, an international rating agency, has upgraded Ardshinbank's rating outlook from Stable to Positive, affirming the Bank's Long-Term Issuer Default Rating (IDR) at ‘BB-‘ and Viability Rating (VR) at ‘bb-‘.

ArmInfo.  Armenia's GDP growth for 2025  is estimated to reach  5.5-6%, outperforming the 5.1% target originally set in the state budget, as stated by Armenian  Finance Minister Vahe Hovhannisyan on January 21 at a press  conference presenting the ministry's performance outcomes for 2025.

ArmInfo. By December 31, 2025, Armenia's public debt had increased by approximately $1.7 billion, or 13.1%, to $14.531 billion compared to the end of December 2024. At  the end of December 2017, Armenia's total public debt was $6.774  billion, and by the time Nikol Pashinyan's government was formed, at  the end of April 2018, this figure was at $6.867 billion.

ArmInfo. Prime Minister Nikol Pashinyan announced that an Armenian commercial bank has successfully issued an unprecedented volume of Eurobonds on  international financial markets, with investor demand exceeding supply by more than three times.

ArmInfo.  Fitch Ratings has revised the Outlook on Armenia's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Positive from Stable and affirmed the  IDR at 'BB-'. A full list of rating actions is at the end of this  rating action commentary.

ArmInfo. The international rating agency Fitch Ratings has upgraded Armenia's rating outlook from Stable to Positive, affirming it at BB-. Armenian Prime Minister  Nikol Pashinyan wrote this on his Facebook page.

ArmInfo. Ardshinbank announces the launch of a new toolkit on its sme.ardshinbank.am platform, offering small and medium-sized enterprises a more convenient, faster, and accessible way to obtain necessary financing.

ArmInfo. The Banker, a prestigious magazine belonging to the Financial Times Group that has been tracking financial sector developments in the world for nearly a century, annually evaluates banks’ performance by analyzing their financial results, innovative programs, strategic initiatives, and the quality of customer service.

ArmInfo. On 26 November, Ardshinbank and the EBRD signed three agreements under a new cooperation package, totaling more than USD 155 million equivalent in financing. The funds are aimed at supporting lending to micro, small and medium-sized enterprises (MSMEs), expanding green economy financing, and developing infrastructure in the country.

ArmInfo.  Compared to the same period last year, Armenia's GDP growth in Q3 2025 was 6.2%. Armenian Minister of Economy Gevorg Papoyan shared this information  on his Facebook page.

ArmInfo. In Armenia, the per capita debt burden reached $4.6 thousand by October 1, 2025 (compared to  $4.1 thousand the previous year), representing a 12% increase. Moreover, the per capita debt burden from external debt rose from $2.1 thousand to $2.2 thousand (by 4.8%), while the per  capita debt burden from  domestic debt increased from $2 thousand to $2.4 thousand (by 20%).

ArmInfo. “Armenian Card” CJSC introduced the ArcaQR system, enabling payments via QR code with a single scan, directly from a bank account.

ArmInfo. Armenian Finance Minister Vahe Hovhannisyan states that Armenia has previously expressed disagreement with the international credit ratings assigned to the country. Now, after the signing of the Washington Declarations, financial authorities hope that the country's ratings will "return to natural levels." This was stated by RA Minister of Economy Gevorg Papoyan on September 24 at a panel discussion titled "Armenia's New Reality as an Economic Shock" as part of the forum "The Future of the Banking System: Innovations and Development Prospects."