C-QUADRAT and Talanx asset management seek license to manage Armenia’s compulsory pension fund

YEREVAN, November 6. / ARKA /. An asset management company C-QUADRAT and Talanx Asset Management,  a member of Talanx Group  have applied to the Central Bank of Armenia to seek  a license for establishing  a company to manage Armenia’s compulsory pension fund, the Central bank said.

C-QUADRAT,  an asset management company, founded in 1991, has offices in Vienna, London , Frankfurt and Geneva, and a sales network in 17 European countries.

Talanx Asset Management, based in Cologne, is a subsidiary company of Talanx Group, the third largest insurance group in Germany. .-0-

spot_img

POPULAR

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

LATEST NEWS

spot_imgspot_imgspot_img