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

The Power of One Dram April Beneficiary: Davitbek Games NGO

The beneficiary of “The Power of One Dram” initiative for April is “Davitbek Games” NGO.

“A friend” needs money urgently. IDBank warns that trust can be exploited on social media

In Armenia, the fraud scheme based on trust in relatives continues to remain widely spread. Fraudsters exploit users’ care and willingness to help those in danger.

Aсba Bank and American platform Interactive Brokers sign agreement

Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers' services available in Armenia through Aсba Bank, the bank's press service reported.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

Armenia and Georgia aim for instant payments and unified QR codes: new steps in fintech integration

Armenia and Georgia are exploring deeper cooperation in financial technology, including synchronizing instant payment systems, simplifying bank account opening, and implementing unified QR codes, announced by Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Development Department at the National Bank of Georgia.

LATEST NEWS

spot_imgspot_imgspot_img