EEU financial market issues discussed in Yerevan

YEREVAN, April 3. /ARKA/. The advisory committee on financial markets of the Eurasian Economic Commission Board started discussions on financial issue in Armenia.

Member of the Armenian central bank board Armenak Darbinyan said a wide range of financial market issues will be discussed during the meeting in Yerevan, including exchange of information between banking systems of the Eurasian Economic Union (EEU) member states.

The meeting is attended by country members of the advisory committee from Armenia, Belarus, Kazakhstan and the Russian Federation.

The meeting will consider the plans on harmonization of laws in financial sector and the respective agreements on financial markets and stock brokers.

Armenia will submit a draft document for joining the agreement on exchange of information, including the confidential financial data, to ensure free movement of capital.

The meeting participants will also discuss the preliminary results from a special working group looking into possibility of a single car insurance system and re-insurance capacities of EEU member states.

The working group on currency regulations and control within the EEU will speak about the current status and prospects of cooperation on credit histories and exchange of the respective information between EEU member states.

The meeting will discuss the 2015-2016 science and research plan of the financial policy department at the end.

The Eurasian Economic Commission is an EEU regulatory body. Armenia became a full-fledged member of the EEU in January 2015. –0—

spot_img

POPULAR

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.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

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%.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img