Tue, 3 February
3.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Pan-Armenian association of bankers and financiers established

YEREVAN, October 19, /ARKA/. Participants of the first Pan-Armenian Conference of Bankers and Financiers underway in Yerevan have established today the Pan-Armenian Association of Bankers and Financiers.

Speaking at the gathering Armenian Diaspora minister Hranush Hakobian said the Association will be an open forum in the status of a non-governmental organization to bring together the relating potential and experts from across the vast Armenian Diaspora. In this connection she suggested that a database of bankers and financiers of Armenian origin be created.

Ararat Ghukasian, chairman of the Union of Armenian Banks, said the Union was ready to assist the initiative group to address all organizational issues. He said the main task of the Association will be to reveal the potential of bankers and financiers of Armenian origin living and working in different countries and direct it at boosting Armenia’s relating potential. He said it will become a platform for reciprocal contacts and exchange of experience.

The Conference, organized by Armenian Diaspora ministry in cooperation with the Central Bank and the Union of Armenian Banks, opened October 18 in Yerevan bringing together dozens of bankers and financiers of Armenian origin from Russia, Ukraine, France, UK, Spain, USA, Lebanon and the United Arab Emirates -0-

spot_img

POPULAR

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img