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Daily Archives: Apr 17, 2020

Armenian central bank joins network for Greening Financial Systems

On April 15, 2020, the Central Bank of Armenia became a full member of the Network for Greening Financial System (NGFS)

Martin Galstyan elected as new chairman of Armenian central bank

Martin Galstyan, a member of Armenia's Central Bank Board, was elected today by the parliament as chairman of the Central Bank. He will replace Artur Javadyan, whose tenure is ending later this year

Armenia singled out for large amounts of money transfers to Russia

The volume of money transfers from the CIS countries to Russia in March grew by 47%, compared with January, TASS reported Friday referring to Izvestia, which presents figures of the Unistream money transfer system

Fitch affirms ratings of ACBA-CREDIT AGRICOLE BANK and Ardshinbank at ‘B +’, revises outlooks to Negative from Stable

Fitch Ratings has revised the Outlooks on ACBA-CREDIT AGRICOLE CJSC's (ACBA) and Ardshinbank CJSC's (Ardshin) Long-Term Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at 'B+', according to the agency’s press release