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

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.87 points on August 5, 2026, compared to August 4, to 366.14 drams.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img