Armenian dram keeps enjoying high public confidence – central bank head

YEREVAN, November 22. /ARKA/. Armenia’s national currency, launched 26 year ago, continues enjoying high public confidence, Arthur Javadyan, the head of the Central bank of Armenia, said Friday in his address to bank officers on the occasion of their professional day.

Congratulating them on their professional holiday, Javadyan said that it can be placed on record that Armenia’s banking system is an accomplished institutional community, which drive proud all its employees.

In his words, the country’s banking system has been demonstrating sufficient flexibility and will keep displaying enough flexibility to overcome all world challenges connected with development of digital technologies and transformation of global markets.

Javadyan said that the system workers’ constant efforts to obtain new knowledge and skills make it possible to ensure stable development and stability to the system.

“We highly appreciate and express our deep gratitude to banking workers, whose consistent work produces visible result – this is our present accomplished banking system and our national currency, which is a symbol of our statehood,” he said, in his address.

Javadyan wished them new professional achievements and happiness. -0—

spot_img

POPULAR

“Organic Agriculture Development” Program Launches for 2026

Acba Bank and the Armenian Association "For Humanity and Nature" (FPAN) are launching the "Organic Agriculture Development" program for 2026.

Unisport – Armenian Futsal Cup holder

The futsal club Unisport, whose main sponsor is Unibank, became the winner of the Armenian Futsal Cup.

LIGA Insurance Marks 18 Years in the Armenian Market and Announces a New Stage of Development and Brand Identity Refresh

LIGA Insurance announces the refresh of its brand identity, marking a new stage in the company’s development and the beginning of its international integration process, as the company celebrates 18 years of operation in the Armenian insurance market.

Unibank to Raise AMD 3.9 Billion Through a New Share Issue

Unibank has announced a new issue of common shares totaling AMD 3.9 billion. By September 9, 2026, the bank plans to place 10 million shares.

Deposits in Armenian commercial banks exceeded 7.5 trillion drams at the end of March

Deposits in commercial banks in Armenia at the end of March 2026 amounted to 7,581,163 million drams, compared to 7,418,404 million drams in February. This is according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img