My Financial News from Armenia

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Armenia , Sunday 30 August 2026

News Armenia: Armenia's Finance Ministry is again separated

Published on: Tuesday 01 March 2016
Armenia's Finance Ministry is again separated
News source: https://news.am/en/news/314613

YEREVAN. - The Ministry of Finance has been again separated: the State Revenue Committee (SRC) has come out of its composition. According to the acting legislation, President of Armenia Serzh Sargsyan ...

News Armenia: Armenia to stop servicing Russia's Mir payment cards by April

Published on: Tuesday 19 March 2024
Armenia to stop servicing Russia's Mir payment cards by April
News source: https://finance.yahoo.com/news/armenia-stop-servicing-russias-mir-151543318.html

Armenian banks will stop servicing Russia's Mir payment cards from March 30, Russia's National Card Payment System (NSPK) said on Tuesday, creating possible spending headaches for Russians living or travelling in Armenia. Mir payment cards, Moscow's alternative to Visa and Mastercard, have become more important since those U.S. rivals suspended operations in Russia over the conflict in Ukraine and their cards issued in Russia stopped working abroad.

News Armenia: Armenia finance minister: Salaries to increase almost twice as much more than bonuses have become salaries

Published on: Monday 31 October 2022
Armenia finance minister: Salaries to increase almost twice as much more than bonuses have become salaries
News source: https://news.am/en/video/727773

The government has brought to the National Assembly a draft law on raising the minimum wage as of January 1, 2023 in Armenia. Accordingly, the basic wage will also increase, and therefore the wages of ...

News Armenia: Armenia, Russia agree to reduce Yerevan’s debt by cost of unshipped weapons

Published on: Tuesday 14 January 2025
Armenia, Russia agree to reduce Yerevan’s debt by cost of unshipped weapons
News source: https://tass.com/defense/1899691

Previously, Yerevan said that it had not yet received weapons it had already paid for, but that it was ready to resolve the issue in good faith YEREVAN, January 15. /TASS/. Armenia and Russia agreed ...

News Armenia: Opposition MP slams government over $8 billion debt and lack of Gyumri reconstruction

Published on: Wednesday 26 August 2026
Opposition MP slams government over $8 billion debt and lack of Gyumri reconstruction
News source: https://www.panorama.am/en/news/2026/08/26/Opposition-MP-Gyumri/3167361

The Armenian government has taken on about $8 billion in debt over the past eight years but has failed to build a single new bui ...

News Armenia: Pashinian: Future In Russian-Led CSTO Will Be Based On Armenia's 'Own State Interests'

Published on: Friday 24 November 2023
Pashinian: Future In Russian-Led CSTO Will Be Based On Armenia's 'Own State Interests'
News source: https://www.rferl.org/a/armenia-russia-debt-undelivered-arms/32698653.html

Armenian Prime Minister Nikol Pashinian has said any decision about Yerevan's continued membership in the Russian-led Collective Security Treaty Organization (CSTO) will be based on "its own state interests" after he declined to attend the current summit in Minsk.

News Armenia: World Bank warns of risks to Armenia’s economy from restrictions on exports to Russia

Published on: Friday 17 July 2026
World Bank warns of risks to Armenia’s economy from restrictions on exports to Russia
News source: https://news.am/en/news/1050428

The World Bank (WB) has warned that the continuation and expansion by Russia of restrictions on imports of Armenian agricultural and food products could have a negative impact not...

News Armenia: Armenia's exports to EU have increased, government says

Published on: Wednesday 19 August 2026
Armenia's exports to EU have increased, government says
News source: https://news.am/en/news/1056513

As of January-June 2026, Armenia's exports to the European Union (EU) exceeded $516 million, which is more than 80 percent higher than the same period last year—about $287...

News Armenia: Armenia Has Sharply Increased Its Exports To The EU Following The Trade War Unleashed By Russia

Published on: Thursday 20 August 2026
Armenia Has Sharply Increased Its Exports To The EU Following The Trade War Unleashed By Russia
News source: https://charter97.org/en/news/2026/8/20/695482/

Exports of Armenian goods to the European market increased by 80%. Armenia has accelerated the reorientation of its foreign trade toward the European market following Russia’s imposition of import ...

News Armenia: Armenia's exports to the EU increased by over 80% in the first half of 2026

Published on: Thursday 20 August 2026
Armenia's exports to the EU increased by over 80% in the first half of 2026
News source: https://arka.am/en/news/economy/armenia-s-exports-to-the-eu-increased-by-over-80-in-the-first-half-of-2026/

Armenian exports the European Union exceeded $516 million in January-June 2026, the Armenian government reported. ...

News Armenia: Armenia economy minister, Iran ambassador talk about bilateral economic cooperation development

Published on: Tuesday 25 August 2026
Armenia economy minister, Iran ambassador talk about bilateral economic cooperation development
News source: https://news.am/en/news/1057576

Armenian Economy Minister Gevorg Papoyan on Tuesday received Iranian Ambassador Khalil Shirgholami, Armenian News-NEWS.am was informed by the Ministry of Economy of Armenia.

News Armenia: US launches $201 million Trans-Caspian fund

Published on: Sunday 09 August 2026
US launches $201 million Trans-Caspian fund
News source: https://www.thehansindia.com/news/international/us-launches-201-million-trans-caspian-fund-1107539

The United States has launched a $201 million Trans-Caspian Enterprise Fund to boost private investment along the Middle Corridor, supporting regional connectivity, trade and the Armenia-Azerbaijan peace initiative.

News Armenia: The Guardian: Russia-born investor appointed by the State Department to head the TRIPP fund: he also invested in Armenia

Published on: Wednesday 15 July 2026
The Guardian: Russia-born investor appointed by the State Department to head the TRIPP fund: he also invested in Armenia
News source: https://news.am/en/news/1049959

Konstantin Sokolov, a Russia-born private equity investor from Chicago, has been appointed chairman of a new U.S. State Department enterprise fund that will oversee the spending of more than $200 ...

News Armenia: US and Armenia working on TRIPP: Witkoff speaks about railway surveys and investment mechanisms

Published on: Wednesday 12 August 2026
US and Armenia working on TRIPP: Witkoff speaks about railway surveys and investment mechanisms
News source: https://arka.am/en/news/politics/us-and-armenia-working-on-tripp-witkoff-speaks-about-railway-surveys-and-investment-mechanisms/

The US has been working with Armenia and Azerbaijan over the past year to implement the agreements through railway engineering surveys, public-private coordination, and investment mechanisms, wrote Steve Witkoff, US Special Presidential Envoy for Peacekeeping Operations.

News Armenia: Ardshinbank Mobile App Now Enables Pension Fund Selection

Published on: Thursday 20 August 2026
Ardshinbank Mobile App Now Enables Pension Fund Selection
News source: https://news.am/en/news/1056569

A new feature for selecting and changing pension funds is now available in the Ardshinbank mobile app. Ardshinbank customers can now select or change their pension fund directly...

News Armenia: Tavush and Kotayk development programs presented to Armenia PM

Published on: Monday 15 May 2017
Tavush and Kotayk development programs presented to Armenia PM
News source: https://news.am/en/news/390072

YEREVAN. - Prime Minister of Armenia Karen Karapetyan on Monday chaired a consultation during which the best five-year development programs of Tavush and Kotayk provinces were discussed. Different ...

News Armenia: UPDATE 1-HSBC bank sells Armenian business to Ardshinbank CJSC

Published on: Tuesday 06 February 2024
UPDATE 1-HSBC bank sells Armenian business to Ardshinbank CJSC
News source: https://finance.yahoo.com/news/1-hsbc-bank-sells-armenian-144647505.html

HSBC has agreed to sell its Armenian operation to Ardshinbank CJSC as it continues to dispose of non-core businesses and tighten its global footprint, the British bank said on Tuesday. The deal reflects HSBC's ambition to redeploy capital from "less strategic businesses to higher-growth opportunities globally", Tuesday's statement said. A spokesperson for HSBC said terms of the deal, which is subject to regulatory approvals, would not be disclosed.

News Armenia: Armenian CB head candidate: Gold deposits never bring interest

Published on: Thursday 16 April 2020
Armenian CB head candidate: Gold deposits never bring interest
News source: https://news.am/en/news/572991

Gold in Armenia is considered a financial asset, although it has high price volatility, but zero profitability, said the candidate for the post of the Armenian Central Bank governor Martin Galstyan.