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

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Aggregate assets of Armenian banks grew by 20.82% to 14.46 trillion drams by the end of September 2026

As of September 30, 2026, the aggregate assets of Armenian banks reached 14.46 trillion drams, an increase of 20.82% compared to September 30, 2025, according to an operational bulletin from the ARKA news agency.

ACBA Bank issues bonds totaling 10 billion drams and $10 million

ACBA Bank is offering, via a public offering, two tranches of non-documentary coupon bonds, with a total volume of 10 billion drams and $10 million. The offering period runs through February 20, 2027.

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

LATEST NEWS

spot_imgspot_imgspot_img