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

Armenia’s gross reserves rose to $5.5 billion in March, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased to $5.5 billion at the end of March, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 13–19)

The week in the Armenian financial market was influenced by updated assessments from international financial institutions, monetary policy signals, and the continued stability of the foreign exchange market.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

LATEST NEWS

spot_imgspot_imgspot_img