Mon, 11 August
31.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenian deputy prime minister elected deputy chairman of EBRD Board of Governors

YEREVAN, October 8. /ARKA/. Armenia’s Deputy Prime Minister Tigran Avinyan was elected Deputy Chairman of the Board of Governors of the European Bank for Reconstruction and Development (EBRD).

The Armenian government press service said the plenary meeting of the EBRD Board of Governors held yesterday in a remote format, adopted decisions on strategic and capital principles of the bank for 2021-2025, and approved also its report.

For the first time since Armenia’s membership in the EBRD, a representative of Armenia was elected as Deputy Chairman of the Board of Governors. The 2021 annual meeting of the EBRD is scheduled in Yerevan.

Armenia’s  approaches on the strategic and capital principles of the structure for 2021-2025 were presented by Avak Avanesyan, Deputy Minister of Economy and EBRD Deputy Governor from Armenia.

In his speech, Avanesyan also spoke about the scale of strategic capital and cooperation with the EBRD. and presented the details of Azerbaijan’s attack on Artsakh with the support of Turkey and the terrorists, highlighting the attacks on civilian settlements. He said Azerbaijan’s actions have caused long-term and serious damage to the economic stability of the region and may lead to a humanitarian crisis. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img