EDB to have new board chairman

YEREVAN, June 26. /ARKA/. Russian Prime Minister Mikhail Mishustin signed a decree on the nomination of Nikolai Podguzov for the post of chairman of the board of the Eurasian Development Bank (EDB), TASS reported.

If approved Podguzov will replace Andrey Belyaninov, who has held the post since December 1, 2017. According to a TASS source, Belyaninov will leave his post on June 29.

Since July 2017 until February 2020 Podguzov was CEO of Russian Post. In February 2020, he was replaced by Maxim Akimov (former Deputy Prime Minister of the Russian Federation). Podguzov was appointed First Deputy General Director. Prior to joining the Russian Post, Podguzov held the post of deputy head of the Ministry of Economic Development.

The Eurasian Development Bank is an international financial organization designed to promote the economic growth of the participating states, expand trade and economic ties between them and develop integration processes in the Eurasian space through investment activities. -0-

spot_img

POPULAR

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

Armenia adopts internationally accepted approach to forming a neutral capital buffer – Central Bank Governor

Armenia has begun implementing a world-leading approach to forming a neutral capital buffer, announced Central Bank Governor Martin Galstyan.

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img