Wed, 18 February
10.1 C
Yerevan
USD: 376.83 RUB: 4.91 EUR: 446.28 GEL: 140.74 GBP: 512.34

Armenian parliament elects Hovhannes Khachatryan as new deputy chairman of Central Bank

YEREVAN, January 19. /ARKA/.  By a vote of 65 to 5 Hovhannes Khachatryan has been elected today by Armenian MPs as new deputy head of the Central Bank of Armenia.

Khachatryan was nominated by the ruling Civil Contract party of Prime Minister Nikol Pashinyan.

Speaking to MPs on January 18, Khachatryan outlined a number of key areas of his work in his new position, including digitalization of the banking and financial sector, introduction of ‘responsible’ lending, protection of consumers’ interests and giving a new impetus to the development of the securities market. Khachatryan supports also the issue of digital currency by the Central Bank.

Hovhannes Khachatryan was born in 1983 in Yerevan. He is a graduate of the Economics Department of Yerevan State University. He is not affiliated with any political party.

In 2002-2008, he worked at the Statistical Department of the Central Bank of Armenia. In 2008-2020, he headed the Assets, Liabilities and Equity Department of Ameriabank. On July 23, 2020, he was elected to the Board of the Central Bank. He is also a member of the Central Bank Audit Committee. -0-

spot_img

POPULAR

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Central Bank of Armenia has set maximum fees for non-cash payments for a number of business entities

The Board of the Central Bank of Armenia has set maximum fees for certain business entities for non-cash payments, in particular, card payments made through physical POS terminals.

LATEST NEWS

spot_imgspot_imgspot_img