Minister: Armenia’s financial market is small, but it has good development opportunities

YEREVAN, June 23. /ARKA/. Speaking at a panel discussion on the financial market of Armenia within the frameworks of a CIS Bonds (CBonds) conference in Yerevan today, Armenian Minister of Economy Vahan Kerobyan detailed the steps taken by the government to develop this market and attract finances.

“Armenia’s financial market is small, but it has good opportunities for development. After 2018, when the system of government changed, Armenia took the path of democratic development, making running profitable business here very feasible,’ the minister said.

He said the Armenian government is carrying out continuous reforms to make the country more attractive, to bring new investments and develop the financial sector.

Cbonds, the leading information resource on Russian and CIS financial markets, is holding the annual conference in Yerevan June 23-24.

The 2-day discussions will focus on forecasts and scenarios of macro analysts, new opportunities in CIS debt markets, and settlements in national currencies of CIS, EEU and Middle East countries. -0-

spot_img

POPULAR

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”

On September 1, students of the “Orran” charitable NGO welcomed the new academic year with all the necessary school supplies, with the support of “The Power of One Dram” initiative.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

LATEST NEWS

spot_imgspot_imgspot_img