Cyprus appoints Chrystalla Geoghadji as new governor of Central Bank

YEREVAN, March 11. / ARKA /. Cyprus has appointed Chrystalla Geoghadji as the new governor of the country’s central bank; Prime reported citing Cyprus media reports.

Geoghadji has been Cyprus’s auditor general since 1998. She will take up take up her new post on 11 April.

The appointment follows yesterday’s announcement by the government confirming the resignation of its central bank governor Panicos Demetriades.

Panicos Demetriades submitted his resignation on Monday, which was accepted by President Nicos Anastasiades, an official statement said. Demetriades has been in his post for almost two years.

Demetriades represents Cyprus on the ECB governing council.

A statement from Cyprus’s presidency said Demetriades would work out his notice and step down on April 10. -0-

spot_img

POPULAR

Central Bank of Armenia plans to implement Open Banking and change its approach to bank licensing – Galstyan

The Central Bank of Armenia plans to implement the concepts of Open Banking and Open Finance in the coming years, as well as change its approach to banking licensing. This was stated by Central Bank Chairman Martin Galstyan in an interview with Hetq.

IDBank has issued perpetual coupon bonds for the first time

On November 2, 2026, IDBank will, for the first time, offer registered perpetual coupon bonds through a public offering on the following terms.

Euro and ruble rose against the Armenian dram, while the dollar weakened: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, decreased by 0.16 points to 360.14 drams on October 29, 2026, compared to October 28.

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 26 – November 1)

The financial agenda for the week included a review of bank capital requirements, preparation of a framework for thematic bonds, and the development of a digital financial services infrastructure.

LATEST NEWS

spot_imgspot_imgspot_img