Pashinyan, Haroutunyan point out necessity of bolstering Artsakh’s banking system

YEREVAN, May 22. /ARKA/. Armenian Prime Minister Nikol Pashinyan and President of Artsakh Arayik Haroutunyan met today in Stepanakert with representatives of Armenia’s and Artsakh’s banking systems, the press office of the Armenian government reports.

Arayik Haroutunyan welcomed the meeting participants and thanked the Armenian premier for organizing a meeting in this format. “We should not only continue, but to step up cooperation as we are going to ensure higher development rates in the future. Whereas the two governments’ financial resources will not be enough to do so, we will need to implement more ambitious programs,” the president of Artsakh said.

Pashinyan, for his part, stressed the importance of the tangible progress Artsakh’s banking system has recorded over the past decade, “which was instrumental in fostering the country’s economic achievements”.

“The economic ambitions we have set will be impossible to implement if they are not realized by the banking system. In some sense, this content should be formed jointly,” he said. “We did so during the state of emergency when government, banking system representatives and lawmakers would come together to discuss agriculture development, social issues and so on. This can be really effective; it should not be viewed as a separate meeting, but a talk that needs to be continued.”

According to the Armenian government’s press service, the meeting discussed ways of boosting cooperation between financial and banking systems, bolstering Armenian banks’ activities in Artsakh, promoting the funding of prospective business projects, etc.

The banking system representatives expressed readiness to follow the initiatives of Armenia’s and Artsakh’s governments and get involved in those programs aimed at ensuring greater resources with low interest rates for the market. -0—

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rose, while the dollar remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 7, 2026, remained unchanged at 367.47 drams.

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

Polytechnic University Graduation Ceremony Held with the Support of Unibank

As one of the benefactors of the National Polytechnic University of Armenia (NPUA), Unibank supported the organization of the graduation ceremony for the University’s 93rd graduating class. 

LATEST NEWS

spot_imgspot_imgspot_img