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Fri, 23 October
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Yerevan
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BANKS
Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter（https://armbanks.am/en/2026/10/23/281855/）
Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.
ACBA Bank Publishes Its First Sustainability Report（https://armbanks.am/en/2026/10/21/281756/）
ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.
VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan（https://armbanks.am/en/2026/10/21/281744/）
VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.
Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months（https://armbanks.am/en/2026/10/21/281725/）
Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.
ACBA Bank issues bonds totaling 10 billion drams and $10 million（https://armbanks.am/en/2026/10/20/281682/）
ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.
RATINGS
Ranking of Armenia’s Largest Banks by Asset Volume for the First 9 Months of 2026（https://armbanks.am/en/2026/10/19/281552/）
The ARKA news agency has published a ranking of Armenia’s largest banks by total assets as of September 30, 2026.
Ranking of Armenia’s most profitable banks for the first nine months of 2026（https://armbanks.am/en/2026/10/19/281512/）
The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026.
Loan and leasing portfolio of Armenian credit institutions in the first half of 2026 amounted to 681.8 billion drams（https://armbanks.am/en/2026/08/10/277892/）
YEREVAN, August 10. /ARKA/. As of June 30, 2026, the total loan investment and leasing portfolio of Armenian credit institutions reached 681.8 billion drams, reflecting a 1.64% increase from the previous quarter and a 3.23% rise since the start of the year.
Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026（https://armbanks.am/en/2026/08/06/277771/）
ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.
Ranking of the Most Profitable Credit Institutions in Armenia for the First Half of 2026（https://armbanks.am/en/2026/08/06/277702/）
ARKA News Agency publishes a ranking of the most profitable credit institutions in Armenia for the first half of 2026.
ECONOMY
Central Bank of Armenia adopts measures to avert worst-case economic scenarios（https://armbanks.am/en/2026/10/23/281835/）
The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.
Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent（https://armbanks.am/en/2026/10/20/281696/）
Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.
Armenia to allocate approx. €7.4 million for water infrastructure works; EIB loan availability period extended（https://armbanks.am/en/2026/10/15/281343/）
YEREVAN, October 15. /ARKA/. Armenia will allocate approximately €7.4...
World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022（https://armbanks.am/en/2026/10/13/281223/）
The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.
EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%（https://armbanks.am/en/2026/10/13/281145/）
The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.
INTERVIEW
KPMG’s audit of Renshin confirms the accuracy of its financial statements – CFO（https://armbanks.am/en/2026/04/15/272239/）
“The audit confirms key parameters such as capital adequacy, liquidity, and asset quality՞, said Kristine Chichyan, the company’s CFO.
External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW（https://armbanks.am/en/2026/04/06/271865/）
Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.
Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy（https://armbanks.am/en/2026/03/30/271716/）
Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.
Armenian capital market needs not only technology, but also a mature regulatory and infrastructural environment – NABIX founder（https://armbanks.am/en/2026/03/18/271421/）
The digital infrastructure of the Armenian capital market has made significant progress in recent years, but the market still lacks a more robust regulatory and technological framework for the full development of new financial instruments.
“2026 will be a breakthrough year”: Freedom Broker Armenia Director on the future of Armenia’s capital market（https://armbanks.am/en/2025/12/15/269210/）
The capital market of Armenia is undergoing a significant transformation: there is an increasing interest in bonds, foreign investors are becoming more engaged, and there is a rising demand for new financial instruments, ranging from IPOs to digital assets
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БАНКИ
Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter（https://armbanks.am/en/2026/10/23/281855/）