Armenia on global financial and economic map; where to start?

YEREVAN, February 9, /ARKA/. On January 31, 2023, Amundi-Acba brought together the leaders of different sectors of Armenian economy to discuss the current challenges and perspectives on global macroeconomics, asset management strategy, as well as crypto-assets and blockchain.

At the “Amundi-Acba Economic Forum 2023”, the French company Amundi, Europe’s leading asset manager, called on Armenia to accelerate its race towards innovation, which is the main way to the development.

Акба
Акба

The role of ESG factors in the development of a country was also at the core of discussions at “Amundi-Acba Economic Forum 2023”.

“This is our first economic forum, where we brought together policy makers with the main actors of financial sector of Armenia, representatives of high-tech sector and other players of the real sector of the economy. I assume that the discussed topics will raise many questions, the answers to which and the solutions to the problems will create new value as in the development of society as well as in Armenia’s economic development,”  highlighted Jean Mazedjian, the CEO of Amundi-Acba Asset Management.

Vincent Mortier, Amundi Group CIO, noted that Armenian assets are gradually becoming a part of the general “landscape”.

During his e-welcome speech, Vincent Mortier also highlighted  that  Amundi is also motivated to accompany Armenia in its raise of financial literacy.

Акба
Акба

“It’s important that people understand  short and long term  risks and respective income they might have,” -said Vincent Mortier, Amundi Group CIO.

“Forums of such caliber are important also for Armenia’s visibility. This is also contributing to the awareness level in terms of different events, positive changes and successes happening in the country for Armenian population of and world community,” said Garegin Gevorgyan, head of  Financial Stability Directorate at the Central Bank of Armenia.

The purpose of the forum was to become the main financial platform of the year in the region, where industry experts and thought leaders  meet to discuss Armenia’s financial and economic opportunities. The objective is obvious; to have a developed economy and create financial markets, which will help position Armenia in the world economic and financial map. 

Amundi-Acba was founded in Armenia at 2013, by French Amundi, European leader in asset management and Acba Bank. The company manages  3 mandatory pension funds benefiting from Amundi’s advanced expertise and technical support. As of December 2022, the AUM of Amundi-Acba exceed 292 Billion AMD.

Amundi-Acba is supervised by the Central Bank of Armenia. -0-

spot_img

POPULAR

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Euro and dollar exchange rates against the Armenian dram fell, while the ruble continued to rise – Central Bank of Armenia 

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.48 points on October 13 compared to October 12, settling at 361.73 drams.

Exchange rates of the euro, dollar, and ruble against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's foreign exchange market fell by 0.3 points on October 14, 2026, compared to October 13, settling at 361.43 drams.

LATEST NEWS

spot_imgspot_imgspot_img