Central Bank of Armenia registers Araratbank branch Armavir

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

One of the largest technology events of the year, Tech Week 2025, took place on July 4-6 in Vanadzor. Ameriabank joined the three-day celebration as a fintech partner, according to the bank's press service.

Armenia's National Assembly  at an extraordinary session on Wednesday adopted in the first reading a set of amendments to the  laws On the Public Services Regulatory Authority and On Energy, which allow the nationalization of the national power distribution company Electric Networks of Armenia (ENA), owned by a Russia-based businessman Samvel Karapetyan, president of Tashir Group of Companies.

Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.

Samvel Karapetyan, a prominent businessman and a founder of Tashir Group, one of the largest group of companies in Eastern Europe, together with his family, sent a notice of investment dispute to the state officials of the Republic of Armenia.