Thu, 12 June
22.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenian regulator’s administration meets with founder of Chile’s private pension system

YEREVAN, May 26. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia and members of the regulator’s board met with José Piñera, the architect of Chile’s private pension system on Wednesday, the central bank’s press office reports.

Piñera spoke on social insurance in Chile at a conference held in Armenia.

Representatives of the Armenian president’s administration, the government, insurance companies as well as MPs, businessmen, bankers, diplomats, experts at international organizations and members of unions attended the event.

After thanking the guest, Javadyan stressed that some countries had followed the example of Chile in reforming their pension systems.

Piñera, on his side, said that the system established 30 years ago is successfully working now. Thanks to this system Chile is becoming one of the South America’s developed countries. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img