Sat, 19 July
29.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

EBRD First Vice-Presidents commends Armenian Central Bank for being prudent regulator

YEREVAN, September 27. /ARKA/. The EBRD has a very active dialogue with the Central Bank of Armenia (CBA), which is a prudent regulator, First Vice-President of the European Bank for Reconstruction and Development (EBRD) Jurgen Rigterink said in an exclusive interview with ARKA news agency. 

It said the CBA has done a great job in ensuring the resilience of the financial system and the Armenian economy amidst persistent global challenges.

‘One of EBRD’s key private sector partners are local financial institutions and we cooperate on policy and reforms with the Central Bank. We work jointly to deepen the domestic money market, develop local capital markets and help to dedollarise the economy,’ he said adding, ‘We have a very productive relationship and still have many reforms to implement together going forward.’-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro falls by 1.14 drams against Armenian dram, as US dollar rises slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 11, 2025, increased by 0.17 points compared to July 10 and amounted to 383.91 drams.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

Annual meeting of BSTDB Board of Governors to be held in Yerevan

The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img