Armenia, IFC officials discussed capital market development in Armenia

YEREVAN, April 28. /ARKA/. Armenian acting Deputy Prime Minister Mher Grigoryan had a meeting via video link with the Regional Vice President of the International Finance Corporation (IFC) Georgina Baker on Tuesday, the press service of the Deputy Prime Minister’s office reported.

Grigoryan was said to have praised Armenia’s cooperation with the IFC, especially in the context of the coronavirus pandemic and the difficult post-war period.

Grigoryan and Baker exchanged views on the coronavirus vaccination process in Armenia. In this context, the acting Deputy Prime Minister spoke about the government’s policy and the steps already taken in this direction.

During the meeting, the sides discussed also the possibilities of developing the capital market in Armenia and the role of IFC in this process.

The parties also touched upon IFC’s involvement in financing SMEs, as well as the importance of IFC’s consulting services in terms of assessing investment potential in various areas.

Grigoryan and Baker discussed the prospects for developing cooperation in the field of energy, digitalization and high technologies. The need to develop women’s entrepreneurship in Armenia was also emphasized, an exchange of views took place on the efforts being made in this direction.

Since Armenia’s accession to the IFC, the latter, as of August 2020, has provided Armenia with assistance in the amount of about $ 700 million. -0-

spot_img

POPULAR

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

KPMG’s audit of Renshin confirms the accuracy of its financial statements – CFO

“The audit confirms key parameters such as capital adequacy, liquidity, and asset quality՞, said Kristine Chichyan, the company’s CFO.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img