Sat, 26 July
22.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

CBA Issues Memorable Coins Dedicated to Polish Armenian Painter Teodor Axentowicz

YEREVAN, September 28, /ARKA/. Armenia’s Central Bank has put into circulation commemorative coins dedicated to a Polish Armenian painter Teodor Axentowicz, who was born in 1859 in Romania and died in 1938 in Krakow, Poland.

A renowned artist of his times, he was also the rector of the Academy of Fine Arts in Kraków. As an artist, Axentowicz was famous for his women’s portraits.

The Central Bank said 4000 silver coins were issued as part of an international numismatic project called Painters of the World. The averse of the coin depicts a fragment of the artist’s famous Portrait of a Woman. At the upper part is Armenia’s national emblem.

The reverse of the coin depicts the artist’s portrait, right of him is a fragment of the painting and below is his signature. The coin was designed by Ursula Valeziak from the Poland’s Mint that issued the coins. –0–

spot_img

POPULAR

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

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.

LATEST NEWS

spot_imgspot_imgspot_img