Armenia, Germany expand financial cooperation

YEREVAN, October 25. /ARKA/. Armenian Finance Minister Atom Janjughazyan received Friday German Ambassador to Armenia Michael Johannes Banzhaf, the press office of the ministry reports.
Current cooperation and prospects for its development were discussed at the meeting along with other issues.

The Armenian minister and the German ambassador stressed the importance of the programs being implemented in energy, environment, small and medium businesses and insurance of farming.
The activities of German Developmnet Bank (KfW) and the German Society for International Cooperation (GIZ) were discussed at the meeting as well.

An agreement of cooperation between Armenian and German governments was signed upon completion of the meeting. -0—

spot_img

POPULAR

Central Bank: Armenia’s international reserves exceed record $5.7 billion

Armenia's international reserves have reached a record high, exceeding $5.7 billion, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 15–21)

The financial week in Armenia was marked by Central Bank decisions, discussions of public debt parameters, inflation dynamics, and institutional changes in the banking sector.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly:  Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 16, 2026, increased by 0.15 points compared to June 15, reaching 368.21 drams.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

Armenia records an influx of capital and growing interest from international investors – Central Bank head

Armenia is experiencing a significant influx of capital and growing interest from international investors, said Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img