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Ameriabank unveils exceptional mortgage offers at TOON EXPO in Yerevan
Ameriabank is offering remarkable mortgage conditions specifically for attendees of the Yerevan real estate exhibition, TOON EXPO. YEREVAN, September 5. /ARКА/. Ameriabank is offering remarkable mortgage conditions specifically for attendees of the Yerevan ...
09/05/2025Ardshinbank Launches "How to Become a Millionaire" Raffle
From September 1 to December 1, Ardshinbank is holding the “How to Become a Millionaire” lottery for customers who receive a mortgage loan. YEREVAN, September 3. /ARKA/. From September 1 to December 1, Ardshinbank is holding the “How to Become a Millionaire” lottery for customers ...
09/03/2025Armenia has potential for integration into cryptocurrency markets, but needs a balanced policy - expert
... regional hub for blockchain technologies, but at the same time he pointed out a problem. “We cannot become a hub in just one area. We need a targeted policy with the participation of all players - from the ministries of economy and finance to the Central Bank and the highest political leadership. Unfortunately, we do not see such a desire in everyone yet,” he concluded.
09/03/2025ACBA Federation promotes rural tourism in Armenia: the success story of Manana guest house (video)
... which will increase the recognition of her village in the future. The Manana guest house is situated at the following address: Tsaghkadzor community, Marmarik village, tel.: 093 24 13 40. The ACBA Federation is the only significant shareholder of ACBA Bank, owning more than 75% of the bank's shares. Through its participation in ACBA Bank, the ACBA Federation contributes to the development of agriculture, small and medium-sized businesses in rural areas, community development, revitalization and development ...
09/01/2025Xi Jinping announces support for Armenia's accession to SCO
... Cooperation Organization, including financial support. This year, China plans to allocate grants totaling 2 billion yuan to SCO member states. Over the next three years, China will extend new loans amounting to 10 billion yuan to members of the SCO interbank association. Additionally, starting next year, China will double the quotas for special SCO scholarships to enhance youth exchanges and foster scientific and technical collaboration. The Chinese President remarked that the SCO has already emerged ...
09/01/2025Acba Bank's 66th branch launched
Acba Bank has launched its 66th branch, "Homplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15). YEREVAN, August 29. /ARKA/. Acba Bank has launched its 66th branch, "Homplex Mall". The ...
08/29/2025Ameriabank presents the First Digital Business Cards in Armenia
Ameriabank has launched digital business cards for corporate clients, offering businesses an innovative, secure, and affordable solution. YEREVAN, August 29. /ARКА/. Ameriabank has launched digital business cards for corporate clients, offering businesses ...
08/29/2025Government approves grant agreement worth $1.5 million with IBRD for regeneration of Nairit plant
The Armenian government has approved a draft presidential decree on the approval of the grant agreement between the Republic of Armenia and the International Bank for Reconstruction and Development for the development of a program for environmental restoration and regeneration of the Nairit plant. YEREVAN, August 28. /ARКА/. The Armenian government has approved a draft presidential decree on the approval ...
08/28/2025Ameriabank Leads Mortgage Market with More Than 22% Share
Ameriabank retains leadership in the banking sector of Armenia by mortgage loan portfolio, with 22.6% market share (June 30, 2025). YEREVAN, August 27. /ARКА/. Ameriabank retains leadership in the banking sector of Armenia by mortgage loan portfolio, ...
08/27/2025Acba Bank and NABU partner to clean 2 km stretch of Lake Sevan of plastic (VIDEO)
As part of the "Clean Future for Lake Sevan" initiative, Acba Bank in partnership with the German Nature And Biodiversity Conservation Union (NABU), is assisting in the cleanup of Armenia's largest water body from plastic and other debris, according to the bank's press service. YEREVAN, August 26. /ARКА/....
08/26/2025ACBA Bank places dram and US dollar bonds
YEREVAN, August 25. /ARKA/. Acba Bank is launching a public placement of coupon non-documentary bonds with a total volume of 10 billion (ten billion) drams and 10 million (ten million) US dollars, the bank’s press service reported. YEREVAN, August 25. /ARKA/. Acba Bank is launching ...
08/25/2025EDB identifies key drivers of Armenia's economic growth in the first half of the year
In its latest macroeconomic review, the Eurasian Development Bank highlighted the sectors that significantly contributed to Armenia's economic expansion during the first half of 2025. YEREVAN, August 25. /ARКА/. In its latest macroeconomic review, the Eurasian Development Bank highlighted the sectors that ...
08/25/2025Fitch Ratings: peace agreement between Armenia and Azerbaijan reduces risk of renewed hostilities
... although momentum appears limited. For Armenia, durable geopolitical risk reduction and normalisation of relations with Turkiye depend on the final peace terms and deal implementation. Armenia performs broadly in line with the ‘BB’ median on the World Bank Worldwide Governance Indicators (WBGI), although it ranks less than half the peer median in ‘Political Stability and Absence of Violence’. A sustained improvement is likely to take time. Most of landlocked Armenia’s trade is through Georgia,...
08/20/2025VTB (Armenia) endorses the initiative to enhance library collections in the regions
VTB Bank (Armenia) has become a participant in the Newmag BOOK DONATION educational and charitable initiative, which aims to enrich the collections of community libraries located in the regions of Armenia, as reported by the bank's press service. YEREVAN,...
08/19/2025Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%
Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion. YEREVAN, August 14, /ARKA/. Unibank announces a new issue of Class ...
08/14/2025UC Berkeley, Stanford, Visa Innovation Center and Much More: a Unique Opportunity for 10 Students from Armenia
Ten students from several universities in Armenia had the opportunity to visit the U.S. and attend a short educational program at UC Berkeley this summer, based on the results of the student contest “My Armenia, My Future” conducted by Ameriabank and Visa. YEREVAN, August 14. /ARKA/. Ten students from several universities in Armenia had the opportunity to visit the U.S. and attend a short educational program at UC Berkeley this summer, based on the results of the student contest “My ...
08/14/2025Yerevan Mayor's Advisor Names Solution to Nubarashen Landfill Problem
... spread of the fire, hindering successful firefighting efforts. Earlier, the Armenian government reported that the 14.8 million euro Solid Waste Management Program in the Kotayk and Gegharkunik Regions is being implemented in cooperation with the European Bank for Reconstruction and Development (EBRD).-0-
08/12/2025EDB identifies factors that could force regulator to keep refinancing rate unchanged
The Eurasian Development Bank (EDB) identified factors that increase the likelihood of maintaining the refinancing rate in Armenia for a longer period than expected. YEREVAN, August 11. /ARKA/. The Eurasian Development Bank (EDB) identified factors that increase the likelihood ...
08/11/2025Unibank Becomes the Gold Sponsor of FC Alashkert
Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship. YEREVAN, August 8. /ARKA/. Unibank ...
08/08/2025Armenian construction industry ups by 18.5% in the first half of the year to 224.9 billion drams
... total, a 22.3% increase). From January to June, the volume of construction financed by international loans amounted to 14,091.0 million drams (6.3% of the total volume), which is 9.7% less than in the same period last year. Of these loans, the World Bank financed construction to the tune of 872.3 million drams, the European Bank for Reconstruction and Development financed 1.2939 billion drams worth construction, the European Investment Bank - 518.2 million drams, the Asian Development Bank - 4.41 ...
08/08/2025Ardshinbank — Armenia’s No. 1 Taxpayer in Direct Taxes
Ardshinbank is the largest taxpayer in Armenia in terms of direct tax payments, according to the State Revenue Committee’s results for the first half of 2025. YEREVAN, August 6. /ARKA/. Ardshinbank is the largest taxpayer in Armenia in terms of direct tax ...
08/06/2025Armenia aims to use WB expert potential in implementing strategically important projects
The Armenian government press service reported that Deputy Prime Minister Mher Grigoryan received World Bank Regional Director for the South Caucasus Rolande Pryce and the newly appointed head of the World Bank Yerevan office, Fabrizio Zarcone. YEREVAN, August 6. /ARKA/. The Armenian government press service reported that Deputy Prime Minister Mher ...
08/06/2025In July, Armenia's 12-month inflation rate was 3.8%, while prices fell 0.8% over the month
... same year. Additionally, the growth of tariffs for services for the population in July 2025 increased by 3.6% over the year and by 0.6% over the month. Armenia's economic growth in the 2025 state budget is projected at 5.1%. According to the Central Bank's report on monetary policy for the second quarter of this year, Armenia's GDP growth is expected to be 5.1%-4.6% by the end of 2025, depending on the scenario (A-B); 4.9%-4.4% in 2026; and 4.7%-5.0% in 2027.-0-
08/06/2025From importer to major manufacturer: Electriсa Group produces unique products in Armenia (video)
... wide range of products, while we do it on one,” said Mirzakhanyan. Electriсa Group presents its products in 7 stores. In the near future, it is planned to increase the production area and product range. The 100% shareholder of ACBA Leasing is ACBA Bank. ACBA Leasing is overseen by the Central Bank of Armenia.-0-
08/05/2025Ameriabank Joins UATE, Marking a Groundbreaking Partnership between Financial and Technological Sectors
UATE and Ameriabank have announced a groundbreaking partnership in the fintech sector, whereby Ameriabank has become a member of the Union of Advanced Technology Enterprises (UATE). YEREVAN, August 4. /ARKA/. UATE and Ameriabank have announced a groundbreaking ...
08/04/2025Problems with paying for travel on Yerevan public transport are caused by using expired and other people's tickets - City Hall
... operational in Yerevan, eliminating cash payments on buses, trolleybuses and the metro. There are several payment options - paper tickets with a QR code (until August 1, they can be purchased from TelCell terminals), the TelCell Wallet mobile application, bank cards and permanent plastic travel cards. The following tariff packages are valid: 150 AMD - 1 trip * 280 (300) AMD - "90 minutes" package / 3 trips 1500 AMD - Multi package / 10 trips in 30 days * 880 (900) AMD - for 1 day / 8 trips * ...
08/04/2025Byblos Bank Armenia launches secure and fast digital onboarding service
Byblos Bank Armenia has launched a secure, fast and convenient digital onboarding service that allows you to become a customer without visiting the Bank — from anywhere and at any time. YEREVAN, July 31. /ARКА/. Byblos Bank Armenia has launched a secure,...
07/31/2025MyInvest Academy: the first Armenian-language educational platform on investments in a mobile application
Ameriabank’s MyInvest platform has launched MyInvest Academy, designed for those who want to start their journey in the field of investments. YEREVAN, July 30. /ARKA/. Ameriabank’s MyInvest platform has launched MyInvest Academy, designed for those ...
07/30/2025Positive effect of foreign trade in precious stones exhausted in Armenia - EDB
... year-over-year decrease of 12.1%. This decline was caused by the exhaustion of the positive effects of increased foreign trade in precious metals and their processing at the beginning of last year, according to a weekly macro review by the Eurasian Development Bank (EDB). YEREVAN, July 28. /ARКА/. From January to June 2025, Armenia's industrial sector continued to decline, with a year-over-year decrease of 12.1%. This decline was caused by the exhaustion of the positive effects of increased foreign trade ...
07/28/2025Acba Bank to contribute to digitalization and development of the agricultural sector in Armenia
... will “smart” and innovative agriculture in Armenia be like in the near future? YEREVAN, July 28. /ARКА/. What will “smart” and innovative agriculture in Armenia be like in the near future? At the Sevan AgriTech Summit, organized by Acba Bank as the general partner, innovations meet modern experience in agriculture, forming joint solutions for the future. On the platform, the most important problems of the industry, from climate change to the revival of farms, were discussed with startups ...
07/28/2025Armenia recorded a decline in both exports and imports in May - World Bank review
In May, both exports and imports fell, although more slowly, continuing the re-export phase-out trend, stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”. YEREVAN, July 28. /ARKA/. In May, both exports and imports fell, although more slowly, continuing the re-export phase-out trend, stated in the World Bank’s monthly review “Armenia ...
07/28/2025Armenian economic growth in January-May driven by stronger activity in construction and services
Growth in Armenia's economic activity reached 10.4 percent (yoy) in May, up from 5.4 percent (yoy) in April, according to World Bank’s Armenia monthly economic update – July 2025 . YEREVAN, July 28. /ARKA/. Growth in Armenia's economic activity reached 10.4 percent (yoy) in May, up from 5.4 percent (yoy) in April, according to World Bank’s Armenia monthly economic update ...
07/28/2025"How to Develop Agribusiness in Armenia": New Horizons for Startups (VIDEO)
As part of the Sevan Agritech Summit, held in partnership with Acba Bank, the ACBA Federation presented opportunities for developing, digitizing, and supporting innovative agriculture in Armenia. They also discussed how to make agriculture an attractive industry for young people. YEREVAN, July 25. /ARKA/. As part ...
07/25/2025Master Class for Startups (VIDEO)
... most highly anticipated technology events, is underway on the shores of Lake Sevan. The summit has brought together innovators, startups, investors, and experienced mentors to generate ideas that could change the world tomorrow, according to the ACBA Bank press service. YEREVAN, July 25. /ARKA/. The Sevan Startup Summit, one of the most highly anticipated technology events, is underway on the shores of Lake Sevan. The summit has brought together innovators, startups, investors, and experienced ...
07/25/2025EUR 12 million to be allocated for development of Areni wine cluster - Papoyan
... lovers," Papoyan emphasized. It is planned to provide 120 million euros for the creation of tourism clusters in communities such as Areni, Jermuk, Goris, Dvin, Gyumri, Aparan, Yeghegis, Sevan, Dilijan. 96 million euros will be allocated by the World Bank, 24 million euros by the state. The TRIP program will be implemented from 2025 to 2029, it is aimed at improving the standard of living of the territories and communities involved in the clusters, increasing tourist attractiveness in terms of stimulating ...
07/25/2025Startups presented successful experience of digital transformation of Acba Bank
... investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience of digital transformation of Acba Bank. “We shared with young startups the experience of ...
07/24/2025Startups presented with successful experience of Acba Bank digital transformation
... mentors and tech specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience of Acba Bank digital transformation. “We shared with young startups the experience of ...
07/23/2025Armenian spa resort Jermuk to receive €6 million to boost its tourist appeal, says minister
... improve the investment environment of the community. Papoyan presented the progress in the development of the Jermuk tourism cluster, noting that the community has become a beneficiary under the new loan program. Earlier it was reported that the World Bank would provide $100 million to Armenia for the creation of tourism clusters in communities such as Areni, Jermuk, Goris, Dvin, Gyumri, Aparan, Yeghegis, Sevan, and Dilijan. The TRIP program will be implemented from 2025 to 2029. It aims to improve ...
07/21/2025Ardshinbank is the Strong Partner of Sevan Startup Summit 2025
For the third consecutive year, Ardshinbank is the Strong Partner of the Sevan Startup Summit 2025 — the annual informal camping business forum. This year’s summit is taking place from July 20 to 26, once again on the shores of Lake Sevan. YEREVAN, July 21. /ARKA/. For the third consecutive ...
07/21/2025Ameriabank Receives Euromoney Award for Excellence 2025 as the Best Bank in Armenia
Euromoney, a leading international publication known for its reputable insights on the financial sector, has named Ameriabank the Best Bank of Armenia in its Awards for Excellence 2025 ceremony in London. YEREVAN, July 21. /ARKA/. Euromoney, a leading international publication known for its reputable insights on the financial sector, has named Ameriabank the Best Bank ...
07/21/2025Armenia's economic growth rate to slow to 5% in 2025 - Fitch forecast
... affirmed Armenia's Long-Term Foreign Currency Issuer Default Rating (IDR) at 'BB-' with a 'Stable' Outlook. Armenian Economic Figures and Forecasts Armenia's economic growth is envisaged at 5.1% in the state budget for 2025. According to the Central Bank's monetary policy report for the second quarter of this year, by the end of 2025, Armenia's GDP growth is expected to be 5.1-4.6%, depending on the scenario (A-B), in 2026 - 4.9-4.4%, in 2027 - 4.7-5%. The EDB forecasts Armenia's GDP growth at 5....
07/20/2025Fitch affirms Armenia's rating at 'BB-' with 'stable' outlook
... high (albeit declining) dollarization of the financial sector, and geopolitical risks," Fitch analysts think. Armenian economic figures and forecasts Armenia's economic growth is projected at 5.1% in the 2025 state budget. According to the Central Bank's monetary policy report for the second quarter of this year, by the end of 2025, Armenia's GDP growth is expected to be 5.1-4.6%, depending on the scenario (A-B), in 2026 - 4.9-4.4%, in 2027 - 4.7-5%. The EDB forecasts Armenia's GDP growth at 5....
07/20/2025Ardshinbank vPOS Customers Now Accept Instant Payments With Apple Pay
Ardshinbank vPOS customers can now activate instant payments at their online points of sale via Apple Pay. This new service has been made possible through the Arca national payment system and the efforts of Ardshinbank's specialists. YEREVAN, July 18. /ARKA/....
07/18/2025Online Payments via ApplePay Now Available for vPOS Clients of Ameriabank
Owing to the cooperation between Ameriabank and Arca, it is now possible to make payments with Apple Pay on Armenian online platforms as well. YEREVAN, July 18. /ARKA/. Owing to the cooperation between Ameriabank and Arca, it is now possible to make payments with Apple Pay on Armenian online ...
07/18/2025World-renowned musicians and Armenian music lovers under one roof: Ameriabank alongside Kapan Fest (VIDEO)
The Kapan International Music Festival, held for the third consecutive year, brought together more than 30 world-renowned musicians in Armenia, who participated in multi-genre concerts at the Kapan Organ Hall, according to the press service of Ameriabank. YEREVAN, July 18. /ARKA/. The Kapan International Music Festival, held for the third consecutive year, brought together more than 30 world-renowned musicians in Armenia, who participated in multi-genre concerts at the Kapan Organ Hall, according ...
07/18/2025EU-Armenia SME Fund, managed by Amber Capital Armenia, invests USD 4 million in Auto Gallery
... finance and local capital markets”, said Mr. Frank Hess, Head of Cooperation at EUD. The EU-Armenia SME Fund, a private equity fund managed by Amber Capital, was launched in Armenia in January 2020 with investments from the European Union (EU), European Bank for Reconstruction and Development (EBRD), Amundi-ACBA Asset Management, the Hirair and Anna Hovnanian Foundation and the investment team of Amber Capital. It has since raised further capital from the Armenian National Interests Fund, C-Quadrat Ampega ...
07/17/2025Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million
A financial agreement for the Armenia-Resilient Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska. YEREVAN, July 17. /ARKA/. A financial agreement for the Armenia-Resilient Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment ...
07/17/2025Ardshinbank: the Driving Force of Armenia's Economy
In the first half of 2025 Ardshinbank once again demonstrated stable and strong financial performance, reaffirming its position as one of Armenia's leading financial institutions. YEREVAN, July 16. /ARKA/. In the first half of 2025 Ardshinbank once again demonstrated stable and ...
07/16/2025Armenia did not consult with international donors on nationalization of ENA- Pashinyan
No consultations were held with international donor organizations such as IMF and World Bank as part of the process announced by the government to nationalize the national power distribution company Electric Networks of Armenia (ENA), Prime Minister Nikol Pashinyan told a press conference today in response to a question from Novosti Armenia ...
07/16/2025Armenia launches €14.8 million waste management reform: first sanitary landfill site put into operation
... the inter-municipal organization “Solid Waste Management of Kotayk and Gegharkunik.” Earlier, the Armenian government reported that the Solid Waste Management Program worth €14.8 million, was being implemented in cooperation with the European Bank for Reconstruction and Development (EBRD). “Under the loan agreement signed in 2016, the first sanitary landfill site, which complies with EBRD and EU norms and standards, has already become a reality,” Hambartsumyan said at a press conference ...
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