Fri, 31 January
-5.9 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Armenia to host INFO 2016 financial ombudsmen’s annual meeting

YEREVAN, January 26. /ARKA/. Armenia is to host an annual session of INFO 2016, a worldwide association of financial services ombudsman schemes, Armenian Financial Ombudsman Piruz Sargsyan said on Monday.

The session will take place from September 18 to 21 in Yerevan.

In her words, Armenia’s financial ombudsman office became a full member of this network in 2099, and in 2015 the country applied for hosting the event.

“It is a great honor to us to host such an important event,” she said. “More than 100 representatives of financial ombudsmen’s offices from 60 countries are expected to attend it.”

Sargsyan also said that the assembly is financed by every participant independently. It means the expenses will be paid not by Armenia.

The first financial ombudsman office in the Commonwealth of Independent States was established in Armenia. It started functioning on January 24, 2008.

The aim of its activity is to protect rights of Armenian banks’ clients and to enhance public confidence in the country’s financial system. —0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

LATEST NEWS

spot_imgspot_imgspot_img