Wed, 25 February
-1.9 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

Armenia interested in Swiss experience in return of assets of illegal origin

YEREVAN, October 4. /ARKA/. The Armenian side is interested in the Swiss experience of recovering assets of illegal origin, Armenian Foreign Minister Ararat Mirzoyan said a meeting with State Secretary of the Federal Department of Foreign Affairs Livia Leu held in Geneva on October 3, the Armenian Foreign Ministry reported.

Ararat Mirzoyan briefed his colleague on the situation resulting from Azerbaijan’s recent large-scale aggression against the sovereign territory of Armenia, specifically emphasizing the inadmissibility of the policy adopted by Azerbaijan to achieve its own maximalist aspirations with the use of force and threat of use of force.

The interlocutors also touched upon a number of issues of bilateral and multilateral agenda of Armenia and Switzerland.

Ararat Mirzoyan and Livia Leu exchanged views on regional developments. Minister Mirzoyan expressed his gratitude for hosting the meeting with the Foreign Minister of Azerbaijan yesterday and presented the unfolded discussions. -0-

spot_img

POPULAR

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

The credit and leasing portfolio of Armenian credit institutions in 2025 amounted to 659.7 billion drams

The total credit and leasing portfolio of Armenian credit institutions as of December 31, 2025, amounted to 659.7 billion drams, an increase of 13.96% compared to the same period in 2024.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img