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

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

LATEST NEWS

spot_imgspot_imgspot_img