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

Euro and dollar exchange rates against the Armenian dram continued to decline, while the ruble rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram on July 24, 2026, fell by 0.08 points compared to July 23, to 365.87 drams.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

“ML Fashion” issues bonds: distributor: “Cube Invest”

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

LATEST NEWS

spot_imgspot_imgspot_img