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

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img