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

Acba Bank’s Sustainability Report Presented at COP17

At COP17, Acba Bank presented its Sustainability Report to Armenian and international guests. It outlines the bank's priority areas and the steps it is taking towards sustainable development.

Market capitalization in October amounted to 380.4 billion drams – Armenia Securities Exchange

Equity market capitalization in October 2026 amounted to approximately 380.4 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Euro fell against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.28 points on November 5, 2026, compared to November 4, to 360.4 drams.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

4.3% Inflation Recorded in Armenia in October  

Twelve-month inflation in Armenia's consumer market in October of this year was 4.3%, according to a report from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img