Sun, 2 February
2.1 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenian Central Bank head to attend European Banking Congress in Frankfurt

YEREVAN, November 22. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia, will attend European Banking Congress in Frankfurt on November 22 and 23, the regulator’s press office reported today.

Andranik Grigoryan, chief of the central bank’s division in charge of financial stability and development, and Ashot Osipyan, head of the Union of Banks of Armenia, are among members of the Armenian delegation headed by Javadyan.

President of the European Central Bank Mario Draghi, German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann are set to speak at the congress.

Javadyan will meet in Frankfurt with his foreign counterparts and heads of other financial institutions. -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

LATEST NEWS

spot_imgspot_imgspot_img