Mon, 20 October
5.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Central bank issues commemorative coins dedicated to painter Makhokhyan

YEREVAN, May 31. /ARKA/. Armenia’s Central Bank has issued commemorative silver coins “Vardan Makhokhyan-150”. The bank said it has issued 500 coins with the face value of 100 drams.

It said the obverse of the coins depicts a fragment from Vardan Makhokhyan painting called “The Coast of Capri.” The reverse depicts a fragment from the canvas “Restless Sea. Coast.” The coin was designed by Lusine Lalayan. They were minted in Lithuania.

Armenian artist Vardan Makhokhyan was born in 1869 in the city of Trapizon in Turkey. His paintings are scattered around the world, most of them in private collections. There are only 29 paintings in Armenia. One of the artist’s paintings ‘Rough Sea on the Caucasian Shores” was sold in 2006 at Sotheby’s auction for $40,000. -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img