Armenian Central Bank made changes and amendments in a number of normative documents

YEREVAN, July 21. /ARKA/. Armenian Central Bank made changes and amendments in a number of normative documents.

Changes were made in Regulation №1 “Registration and licensing of banks and branches of foreign banks, registration of banks and their representation offices, qualification and registration of bank managers and branches of foreign banks”.

CB Board approved Regulation № 8/03.1 “List of information for publication by insurance companies implementing mandatory car insurance”, as well as “Requirements and terms to the insured persons by insurance company”.

During the meeting licenses were provided to “KBM” Ltd, “Gold and GB” Ltd, “Gev-Star” Ltd. and “Akhdakh” Ltd for implementing pawn activity. —0—

spot_img

POPULAR

Cube Invest is the first investment company in Armenia to issue bonds worth 5 billion drams: Cube Invest’s CEO

Cube Invest has become the first investment company in Armenia to issue bonds on the local market, announced Cube Invest CEO Mikael Margaryan.

Unibank’s Renamed “Tumanyan” Branch Opens at a New Location

Unibank’s branch, previously located in the Moscow Cinema building, has moved to a new location and has been renamed "Tumanyan."

Loans issued by Armenian commercial banks approached 8.9 trillion drams at the end of July

The volume of loans issued by commercial banks in Armenia as of the end of July 2026 amounted to 8,898,629 million drams, compared to 8,775,241 million drams at the end of June.

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

Armenia’s capital market still lags behind the economy’s real potential: Cube Invest’s CEO

The depth of Armenia's capital market still lags behind the country's real economic potential, said Mikael Margaryan, CEO of the investment company Cube Invest.

LATEST NEWS

spot_imgspot_imgspot_img