Armenian central bank joins Sustainable Banking and Finance Network

Banks
цб
цб

YEREVAN, November 30. /ARKA/. The Central Bank of Armenia said today it had joined the Sustainable Banking and Finance Network (SBFN) on November 24.

According to the Central Bank, the SBFN was created by the International Finance Corporation to help participating structures to mobilize information, resources and practical assistance in order to develop and implement national initiatives which promote development of sustainable financing at the national, regional and global levels.

The SBFN is a voluntary platform for financial sector regulators in emerging markets to share knowledge and develop sustainable financing opportunities. Currently, 66 institutions from 44 developing countries are members of the platform.

Members are committed to developing sustainable finance in line with international best practice to improve environmental, social and governance risk management and direct capital flows towards activities that have a positive impact on the climate. -0-

spot_img

POPULAR

Announces

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
Economy

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.
Announces

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.
Banks

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.
Banks

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Инекобанк
Inecobank introduces BNPL, the latest trend in worldwide shopping, to Armenia
Next article
I Bari exports its produces to more than 10 countries
I Bari exports its produces to more than 10 countries