Wed, 4 February
3.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Experts from 18 countries discuss global trends in banking supervision

YEREVAN, June 17. /ARKA/. Participants of the conference of the Group of Banking Supervisors from Central and Eastern European Countries (BSCEE) discussed global trends in banking supervision in Yerevan, the press office of the Central Bank of Armenia (CBA) reported.

The XXVII annual BSCEE conference on financial stability as basis for sustainable growth was held in Yerevan on June 11-14, chaired by the CBA.

The chairmanship in the BSCEE was transferred to Armenia’s central bank in December 2013.

Over thirty experts of banking supervision from central banks of Armenia, Albania, Austria, Montenegro, Serbia, Estonia, Moldova, Bosnia and Herzegovina, Belarus, Macedonia, Russia, Poland, Bulgaria, Hungary, Czech Republic, Slovakia, Slovenia and Georgia participated in the conference.

The conference touched upon global supervision prospects, Basel III challenges and issues related to macroprudential supervision. Round-table discussions were held in the framework of the conference to discuss approaches used by member-states, urgent issues and possible solutions.

Armenia has been a member of BSCEE Group since 2012. The Group is an important platform for close cooperation and efficient relations between banking supervisions organs, as well as for exchange of experience.

The BSCEE Group was founded in 1991 by banking supervision bodies of 23 countries – Albania, Austria, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Russia, Serbia, Slovak Republic, Slovenia and Ukraine. –0–

spot_img

POPULAR

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img