Eurasian Development Bank ready to expand operations in Armenia

YEREVAN, August 16. /ARKA/. Armenia’s Prime Minister Nikol Pashinyan received today the Chairman of the Board of the Eurasian Development Bank (EDB) Andrei Belyaninov, the government press office said.

It said Pashinyan appreciated highly the cooperation between Armenia and the EDB emphasizing the importance of steps for further development of the partnership. He stressed that the Armenian government is interested in implementing new joint investment projects and enhancing the effectiveness of bilateral cooperation.

Belyaninov added on his part that the bank wants to expand its operations in Armenia , and he is ready to discuss this. The two men were said to have also discussed a set of other issues related to bilateral promising relations. -0-

spot_img

POPULAR

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

LATEST NEWS

spot_imgspot_imgspot_img