Sun, 23 February
-6.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img