Central Bank of Armenia committed to turning Dilijan into regional financial center

YEREVAN, March 9, /ARKA/. The governor of Armenian Central Bank, Arthur Javadian, said last Friday the plan to transform a resort town of Dilijan in northeastern Tavush province into a regional financial center was not thrown away.

‘In three years we shall complete construction of a financial-training center of the Central Bank in Dilijan which later will become a regional financial center in accordance with our declared strategy,’ he said to journalists after inaugurating a new branch of Ameriabank in this town.

Arthur Javadian said the global economic crisis has made them slow down several projects, ‘but we are committed to all our declarations. The Central Bank will move part of its departments to Dilijan and that we expect will push other banks to move part of their facilities to Dilijan as well.’

The question of creation of a regional financial center in Dilijan was first discussed in 2008 May during a financial-banking forum that was attended by the president and prime minister of Armenia.

spot_img

POPULAR

Armenian Ministry of Finance developing a comprehensive framework for issuing thematic bonds

The Armenian Ministry of Finance is developing a comprehensive framework for issuing thematic bonds in domestic and international capital markets.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

Sevak Mikayelyan elected as a member of the Board of the Central Bank of Armenia

The National Assembly of Armenia elected Sevak Mikayelyan as a member of the Board of the Central Bank of Armenia.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img