Tue, 10 June
21.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Chairman of Central Bank of Armenia leaves for Germany to participate in European banking congress

YEREVAN, November 18, /ARKA/. The chairman of the Central Bank of Armenia (CBA) Arthur Javadyan left for Germany’s Frankfurt-am Main to participate in the 21st European Banking Congress, slated for November 17-20, the CBA said.

It said the gathering will discuss changing economic power, changing currency and changing financial markets. The key speakers are the President of the European Central Bank Mario Draghi, German Finance Minister Wolfgang Schaeuble, President of Bundesbank (German Federal Bank) Jens Weidmann along with senior representatives of IMF, EBRD, international banking corporations, research centers and institutes.

The Frankfurt European Banking Congress (EBC) premiered in 1991 on the initiative of the International Bankers Forum (IBF). From 1992 to 2008, the congress was hosted annually by Germany’s leading banks based in Frankfurt am Main – Commerzbank, Deutsche Bank and Dresdner Bank – as well as by the Deutsche Bundesbank, the City of Frankfurt am Main, and the IBF. The EBC aims at providing a forum for open and forward oriented discussion of European issues, their role in the world of politics and financial markets. European politics and finance are discussed by leading decision makers and eminent heads of state in three panel discussions. -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

Average settlement exchange rate of dram to dollar in May was 0.3% lower than a year ago

In May 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 386.6 drams, which is 0.3% lower than the same indicator in May 2024 (387.8 drams).

LATEST NEWS

spot_imgspot_imgspot_img