Thu, 30 January
-6.9 C
Yerevan
USD: 398.27 RUB: 4.05 EUR: 414.32 GEL: 138.29 GBP: 494.49
spot_img

Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

YEREVAN, October 18, /ARKA/. Armenia’s Central Bank is determined to further stimulate development of electronic financial services, its chairman Arthur Javadian, told today the first Pan-Armenian Conference of Bankers and Financiers that opened in Yerevan.

The Conference, organized by Armenian Diaspora ministry in cooperation with the Central Bank and the Union of Armenian Banks, has brought together 45 bankers and financiers of Armenian origin from Russia, Ukraine, France, UK, Spain, USA, Lebanon and the United Arab Emirates.

Arthur Javadian said helping establishment of electronic society in Armenia is one of the bank’s main directions of activity. He said the Central Bank strands ready to create all conditions which will facilitate development of software to promote electronic financial and banking services, like back-office and others.

The main goal of the conference is to provide bankers and financiers of Armenian origin with a platform to discuss ways for joining their potential to help stimulate Armenia’s economic progress and create the Pan-Armenian Aspiration of Armenian Bankers and Financiers. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

LATEST NEWS

spot_imgspot_imgspot_img