Head of Armenia’s CB to attend German-Armenian Fund supervisory board meeting in Frankfurt

Banks

YEREVAN, April 28. /ARKA/. Chairman of the Central Bank of Armenia Artur Javadyan will participate in the meeting of supervisory board of German-Armenian Fund in Frankfurt today, the regulator’s press office reported.

The meeting will discuss implementation of various loan programs funded by KfW (Kreditanstalt fur Wiederaufbau) and will consider German-Armenian financial cooperation issues, according to the report.

German KfW has been supporting various projects in energy, water supply, finance and banking and the private sector in Armenia since 1995.

The German-Armenian Fund was established by the two governments in 1998 to support the small-sized businesses in Armenia. –0—

spot_img

POPULAR

Exchange market

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.
Exchange market

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.
Economy

Head of the Central Bank of Armenia named the reasons behind the rise in gold prices

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.
Announces

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.
Banks

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
ID-card readers to speed up service time in Bank VTB (Armenia)
Next article
Armenian banks-issued cards used outside the country to make around 5 billion drams worth transactions in February