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

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

Armenia’s corporate bond market could double over five years – head of CUBE Invest

Armenia’s corporate bond market is entering a new stage of development, expanding opportunities for businesses to secure financing while offering investors an alternative to bank deposits.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

ACBA Bank Publishes Its First Sustainability Report

ACBA Bank has published its first sustainability report, presenting its performance in the areas of Environmental, Social, and Governance (ESG) factors, the bank’s press service reported.

Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months

Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img