Wed, 4 February
1.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Ultra modern complex of Armenia’s CB to open in Dilijan next year

YEREVAN, May 3. /ARKA/. The ultra modern educational  and research center of Armenia’s Central Bank will open in Dilijan spa town, located in the northern  province of Armenia Tavush, in 2013, the Prime Minister Tigran Sargsyan said.
“Central Bank’s large complex with service infrastructure will be commissioned soon and CB will be able to implement all its functions there. The complex will have a training center. Housing stock for the staff is also being built there,” Sargsyan said in the interview with Shant TV channel.
According to Sargsyan, if CB starts operating in Dilijan, the commercial banks will also activate their operations there.

He added that this will foster developing educational sector, which will prepare specialists in financial system, and infrastructures will also advance.
Constructing  center in Dilian is targeted at establishing an institute equipped with the most modern technologies that will host regional and international conferences on economic and financial topics. Educational trainings for CB staff are also planned to be organized  in the institute.
The center will also provide all  the necessary  conditions for educational and research works in economic and financial fields.

Modern databases will be also developed which will make it easier for Armenian and international experts to research Armenian economy.
Commercial banks, ArCa processing center, ArCa bureau and Bureau for Compulsory Motor Insurance will also receive offices  in the center as well as an opportunity to launch standby databases.

Moreover, a regional monetary and credit center will serve the financial organizations of the region.
The total area of the complex, which will have main and technical buildings, is 29,000 square meters.
Besides this, CB constructs an apartment dwelling house for its employees who will work in the center. The apartment building will have 6290 square meters of total area and 64 apartments. A kindergarten and some trading units will be located on the ground floor of the building.

Armenia’s Central Bank also reconstructs the former library building, where “Knowledge for development” modern center will be founded. —0-

spot_img

POPULAR

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 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.

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.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

LATEST NEWS

spot_imgspot_imgspot_img