Armenian central bank chairman off to Basel for a meeting of bank for international settlements

YEREVAN, June 24. /ARKA/. The chairman of Armenia’s Central Bank Arthur Javadyan has left for Basel (Switzerland) to participate in the 86th Annual General Meeting of the Bank for International Settlements.

The Central Bank of Armenia said the gathering will discuss current issues of financial regulation. It also said that Javadyan will have a set of meetings with heads of various financial organizations.

The Bank for International Settlements (BIS), founded in 1930,  is one of the oldest international financial organizations in the world with  head office in Basel.

One of the main goals of the organization is to support central banks in their pursuit of monetary and financial stability and development of international cooperation. -0-

spot_img

POPULAR

Euro and ruble rose against the Armenian dram, while the dollar weakened: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, decreased by 0.16 points to 360.14 drams on October 29, 2026, compared to October 28.

Net inflow of remittances to Armenia from abroad almost doubled in 9 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, exceeded $2 billion in January-September 2026, compared to $1.02 billion in January-September 2025, according to a report from the Central Bank of the Republic.

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of COP17

Acba Bank is the official partner of the Armenia pavilion in the Green Zone of the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17).

Central Bank of Armenia plans to develop an Open Banking concept in 2027: Galstyan assessed the prospects for cheaper financial services

The Central Bank of Armenia plans to develop an Open Banking and Open Finance concept in 2027, after which it will be formalized into law. This was announced by Central Bank Chairman Martin Galstyan.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img