Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

YEREVAN, April 22. / ARKA /. The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank.

The Central Bank said the meeting will discuss the ongoing projects, as well as the possibility of implementing new projects in such areas as renewable energy, mortgage lending, SMEs and trade finance.

Javadyan will discuss also the terms of a contract to be signed for financing of the already approved new agricultural projects.

A visit to the Financial Technologies Lab of KfW Bank is scheduled to discuss the possibilities of creating such a laboratory in Armenia. -0-

spot_img

POPULAR

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

LATEST NEWS

spot_imgspot_imgspot_img