Thu, 5 February
4.1 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Chairman of Armenian central bank expected to resign – newspaper

YEREVAN, October 12. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia, is expected to submit his resignation soon, Zhoghovurd (People) reports.

Javadyan has been holding office since May 2008, and experts consider him as skilled specialists.

He succeeded Tigran Sargsyan in 2008, when the latter left the office for the prime-ministerial seat.

In 2014, Javadyan was re-elected as central bank chairman. His term in office expires in three years and six months.

Chairmen are elected by the regulator’s board for six years, and one person can’t be re-elected more than twice.

The newspaper asked comments from the central bank, but was told that this is no more than a rumor. –0—

spot_img

POPULAR

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Preserving Armenia’s Cultural Heritage: Unique Monasteries and Historical Sites Documented (VIDEO)

Starting in 2023, the Identity Foundation began documenting Armenia's centuries-old monasteries, churches, and cultural monuments.

LATEST NEWS

spot_imgspot_imgspot_img