Tue, 4 March
0.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Armenia’s financial system not affected by coronavirus outbreak

YEREVAN, March 16. /ARKA/. Armenia’s financial system continues to work in normal mode, the Central Bank said in a statement today.

Earlier the Central Bank called on commercial banks and credit organizations to demonstrate individual approach to the borrowers, who are engaged in such businesses as hotel, restaurant, transport and leisure.
In addition, the Central Bank said that banks and credit organizations allowed their employees at risk (people over 60, with chronic illnesses and pregnant women) to work from home as part of the efforts to prevent the spread of coronavirus.

The Central Bank again urged citizens to use online financial and banking services, payment and settlement applications. In case of questions, the regulator said citizens can contact their financial institutions and for other questions they may contact the Central Bank by calling its hotline numbers – 011 56 19 54, 011 56 39 50 and 010 59 26 97. -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img