Thu, 4 September
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

Euro Jumps by 4.39 Points to AMD 447

The average market exchange rate of the US dollar to the Armenian dram as of August 28, 2025, increased by 0.72 points compared to August 27 and amounted to AMD 382.97.

LATEST NEWS

spot_imgspot_imgspot_img