Financial Inclusion in Armenia

Europe and Central Asia

Account Ownership

Percent of adults age 15+ with an account at a financial institution or through a mobile money provider. Regional data excludes high-income economies.

Source: Global Findex Database

Gender Gap in Account Ownership

Percent of adults age 15+ with an account. Regional data excludes high-income economies.

Source: Global Findex Database

Use of Financial Services

Percent of adults age 15+. Regional data excludes high-income economies.

Source: Global Findex Database

Publications

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Paper

Technical Needs Assessment Among Entrepreneurial Households and Micro-/Smallholder Farmers in the Agricultural Production and Processing Sector in Armenia

The aim of the study is to get deeper understanding of the key challenges that entrepreneurial households and micro-/smallholder farmers in agricultural production and processing sector in Armenia experience in the long-run.

German Sparkassenstiftung for International Cooperation
Paper

Financial Literacy for Migrants - Mapping and Needs Assessment

Assessing financial literacy needs of key target groups involved in migration processes
Heghine Manasyan, Susanna Karapetyan, Sonya Msryan, Ruben Yeganyan and Sona Balasanyan
German Sparkassenstiftung for International Cooperation
Central Bank of Armenia (CBA)
Caucasus Research Resource Center
Paper

The Study of the Financial Capability of Population in Armenia 2019

Measuring the progress made in assessing financial capabilities of Armenia’s population
German Sparkassenstiftung for International Cooperation
Central Bank of Armenia (CBA)

News & Events

Members of the financial inclusion community contributed the following news and events.

News

AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia

/ AFC Agriculture and Finance Consultants GmbH

Evocabank Raises $7.5 Million From Symbiotics

AFC Experts Develop a Climate Impact Tool - A Decisive Step Towards Reducing CO2 Emissions in Armenia

/ AFC Agriculture and Finance Consultants GmbH
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