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. In the Armenian banking sector, corporate lending is trying to outpace retail lending in terms of growth - 26% versus 27%. This trend began to be observed  a year ago - 22% versus 23%. This is evidenced by the Financial  Rating of Armenian Banks as of September 30, 2025, prepared by  ArmInfo Investment Company based on published financial reports and  additionally requested data.

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. 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.

ArmInfo. From January to September 2025, Armenia's banking system increased tax payments to the state treasury by 28% year-on-year, reaching 131.2 billion drams ($343 million). According to the State Revenue Committee, 91.5%, or 120 billion drams, of this amount was paid in direct taxes (including  profit and income taxes), a 30% increase compared to the same period last year.

ArmInfo. The active lending in the Armenian banking sector is driving double-digit growth  in net profit. According to the Express Ranking of Armenian Banks as  of September 30, 2025, prepared by ArmInfo Investment Company, credit  investments and other loans saw a year-on-year increase from 22% to  26.2%. This growth allowed net profit to continue its double-digit  growth, although at a slower pace, going from 25% to 15%. The total  volume of  credit investments and other loans reached 7.3 trillion  drams ($19 billion), resulting in a net profit of 308 billion drams  ($805 million) for the nine month reporting period.

ArmInfo.From September 9 to December 31, 2025, micro, small, and medium-sized business owners in Armenia can transfer their existing business loans to Ardshinbank and receive 5% of the refinanced amount as cashback. If you have loans from several banks, you can consolidate them into a single loan and then transfer it to Ardshinbank. 

ArmInfo. Three issues of Armenian Eurobonds, totaling $2 billion, are currently in  circulation. This was announced by RA Minister of Finance Vahe Hovhannisyan on September 22 at a meeting of the parliamentary committee on financial, credit, and budgetary issues.

ArmInfo. The day before, "Armenian Banking Days" were held for the first time in the capital of Austria. The initiator of the Vienna event was the Union of Armenian Banks together with Raiffeisen Bank International (RBI).

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. 

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.

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. 

ArmInfo. Ardshinbank, a leading Armenian bank, has submitted  a bid for HSBC Malta, according to international media outlets. The  bank itself does not comment on its participation in the purchase of  HSBC's Maltese subsidiary.

ArmInfo.  The 5th tranche of Armenian Eurobonds was successful in terms of placement time and yield rate, as stated by Armenian Finance Minister Vahe Hovhannisyan during a press conference, in response to a question from ArmInfo.

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.

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.

ArmInfo. The merger between “Ardshinbank” CJSC and “Ardshininvestbank” CJSC has successfully completed.

ArmInfo. By January 1, 2025, there were over 4.3 million cards in the plastic market of Armenia, with an annual growth of 16.3%. During the same period,  microprocessing cards with an NFC chip have increased by 2.3 times  over three years, with a 31% increase in 2024 (compared to 24% in  2023), totaling 3.4 million units or 79% of the total number of  cards, as evidenced by data of RA Central Bank. 

ArmInfo. Economist Suren Parsyan believes that the fifth and final issue of Eurobonds ended up costing Armenia more than the previous ones.  The economist pointed out that  in 2013, Armenia issued Eurobonds for the first time in its financial  history, amounting $500 million. This amount was mainly used to repay  the Russian interstate debt. Later, the government continued to issue  Eurobonds several times to pay off previous debts and acquire  additional loans.

ArmInfo. Armenia has placed Eurobonds worth $750 million, which indicates a high level of confidence among international investors in the republic's economy.  This was stated by Babken Tunyan, a member of parliament from the  ruling Civil Contract faction, on  social media.