Sun, 27 July
24.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Ararat Ghukasian elected president of union of Armenian banks

YEREVAN, November 5, /ARKA/. Ararat Ghukasian was elected unanimously president of the Union of Armenian Banks, the Central Bank of Armenia said in a statement.

It said he was elected at the extraordinary meeting of the Union on November 4. Ararat Ghukasian has replaced Emile Soghomonian, board chairman of Prometey Bank who held the position since 2007 August.

Before August 2009 Ararat Ghukasian served as chairman of board of Converse Bank. The Union of Armenian Banks was established in 1995 to protect the interests of Armenian banks. Presently all 22 Armenian commercial banks are its members.  -0-

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

 Law on Cryptoassets enters into force in Armenia

The Law on Cryptoassets entered into force on July 4, 2025, the press service of the Central Bank of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img