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ABNews

News

News | 2026/08/20 11:41

Armenia measures for the first time which banks artificial intelligence actually "sees"

On 18 August 2026, the financial marketplace AFM.am is publishing the AFM AI Visibility Index. It is the first index in Armenia to measure the probability that an AI model will name a specific bank when answering a customer's question about a banking product.When a resident of Armenia chooses a bank today, they increasingly ask ChatGPT or Gemini rather than a search engine. And they do not ge...

News | 2026/08/07 15:27

July 2026 Securities Market Data at the Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.On the primary auction platform of AMX, the allocation volume of government bonds was more than 87․1 billion AMD. Meanwhile, 70 transactions were conducted on the secondary market, with a to...

News | 2026/08/06 17:49

Moody’s changes the outlook on IDBank’s ratings to positive

Moody’s Ratings has changed the outlook on IDBank’s long-term deposit ratings to positive from stable.It should be recalled that Moody’s recently affirmed IDBank’s long-term deposit ratings at Ba3, as well as the Bank’s ba3 Baseline Credit Assessment (BCA) and Adjusted BCA, highlighting its solid capital and liquidity buffers, high profitability and continued improvement in asset quality.The posit...

News | 2026/07/13 17:30

Customer Appreciation Day in Vanadzor: IDBank

Customer Appreciation Day, one of IDBank’s valued traditions, recently took place at the Vanadzor branch. The Bank always aims to be close to its customers, delighting them with pleasant surprises and bringing positive emotions to their day. Seda Avagyan, Head of Customer Experience Management Unit at IDBank, highlighted the importance of such initiatives in the Bank-customer relationsh...

News | 2026/07/09 15:46

A little corner of France in Hrazdan, with the partnership of Converse SME

A charming little corner, located in one of micro districts of Hrazdan, immediately catches visitors' attention with its distinctive atmosphere and French-inspired ambiance.“Aznavour” Cafe-Restaurant, operating since 2025, stands out not only for its unique atmosphere but also for its bold concept: creating a leisure venue in Hrazdan inspired by the spirit of France.Visitors are welcomed by a...

News | 2026/07/07 11:17

June 2026 Securities Market Data at the Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for June 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.On the primary auction platform of AMX, the allocation volume of government bonds was more than 43․3 billion AMD. Meanwhile, 82 transactions were conducted on the secondary market, with a to...

News | 2026/07/03 13:47

EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia

The European Bank for Reconstruction and Development (EBRD) is set to launch a new AMD 5 billion floating-rate bond issuance in the Armenian capital market, reaffirming its commitment to supporting the development of local currency financing and deepening Armenia’s financial markets.The bond placement is scheduled to take place on 7 July 2026 through an auction on the Armenia Securities Exchange (...

News | 2026/07/02 18:08

Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank

Idram and IDBank conducted a series of three-day financial literacy training sessions for over 460 participants of the AI Camp organized by the FAST Foundation. With the exponential rise of technology and AI, staying safe in the digital space is becoming increasingly vital for teenagers. This time, the financial literacy course of Idram and IDBank had two main focuses: fraud prevention...

News | 2026/07/02 11:57

Coffee, a Break, and Up to 10% idcoin with Idram&IDBank

Sometimes the best ideas are born not in the office or around the meeting table, but during a break. A cup of coffee, a delicious lunch, a short chat with colleagues, a fresh idea, or simply a few moments away from the daily routine. And when those moments also earn you idcoins, the day becomes even better.From July 1 to August 31, 2026 (inclusive), every day between 12:00 PM and 3:00 PM, you can...

News | 2026/07/01 17:57

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026. The key idea of the...

News | 2026/06/29 15:52

"Your smartphone is locked": IDBank warns of cyberextortion that turns your smartphone into a "brick"

Looking for a remote job these days could result in losing control over your own phone instead of bringing the long-awaited income. Scammers are actively using a sophisticated cyberextortion scheme, in which your smartphone is remotely locked under the guise of “setting up work software”, and a ransom is demanded. How the scam works: from a “job vacancy” to device lockout· F...

News | 2026/06/29 12:14

AraratBank Reports Growth in its SME Loan Portfolio in 2025

AraratBank continues to expand access to competitive financing for SMEs by adopting international standards and advanced technologies, reinforcing its role in supporting sustainable economic growth in Armenia.The International Day of Micro-, Small and Medium-Sized Enterprises, marked on June 27, provides another opportunity to reflect on the achievements of a sector that contributes significantly...

News | 2026/06/29 11:57

European economies suffer from heatwave

"Extreme heat is emerging as a structural economic risk, with Europe highly exposed," wrote the trade credit arm of European insurer Allianz as the continent swelters under its second heatwave of the year.Europe has a number of weaknesses: an ageing population, dense urban centres with many buildings not built for extreme heat, and just 19 percent of households with air conditioning comp...

News | 2026/06/26 18:21

AraratBank Summarizes 2025 Results at the Annual General Meeting of Shareholders

On June 24, 2026, AraratBank held its Annual General Meeting of Shareholders. In 2025, the Bank strengthened its position in the banking sector, expanded its services, and established significant partnerships with leading international financial institutions.“We recorded encouraging results and sustained growth during the year. Greater emphasis is placed on the Bank’s vision for the years ahead, p...

News | 2026/06/26 18:02

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.Under the agreement, ADB will provide up to USD 13 million, while up to USD 2 million is provided by the Canadian Climate...