Mon, 28 July
34.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenian central bank urges citizens not to believe rumors about recall of some banks’ licenses

YEREVAN, June 25. /ARKA/. The Central Bank of Armenia urges citizens not to believe rumors that some banks will be stripped of their licenses, the press office of the regulator reports.

According to the press release, rumors spread recently in Internet and social networks that some banks’ licenses have lost their validity and these banks no longer operate in Armenia’s financial sector.

The central bank says all the banks registered in Armenia continue their activities in usual regime.
The authority to void banks licenses belongs solely to the Central Bank of Armenia, and the regulator has voided no bank license and has no intention to do that.

The regulator warns the country’s population and asks to take into consideration that the false information is aimed at forming distorted interpretation and deluding the society.
Twenty one commercial banks operate in Armenia now. ——0—–

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

 Law on Cryptoassets enters into force in Armenia

The Law on Cryptoassets entered into force on July 4, 2025, the press service of the Central Bank of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img