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

Armenian Central Bank will soon announce about the opportunity of emission of gold bars with low nominal

YEREVAN, October 19. /ARKA/. Central Bank of Armenia will soon announce about the final results of opportunity of emission of gold bars with low nominal(up to 5 g), said Head of CB Armenia Artur Javadyan.

Such issues need detailed study as the authority of implementation of such programs is very high and is related to the image of CB.

Introduction of such an opportunity in Armenia is another instrument of dollarization reduction.

From the point of view of control of financial risks many steps are undertaken and one of the main challenges for Armenia is dollarization in the banking sector.

“We have already implemented rather serious changes in regulation and management, introduced new mechanisms, changes in normatives and will control currency risks”, said Javadyan. –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.

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.

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.

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.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img