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

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Central Bank of Armenia will issue a commemorative silver coin for the COP17 conference

On October 5, Armenia will issue a commemorative silver coin titled "COP17," dedicated to the 17th Conference of the Parties to the UN Convention on Biological Diversity, the Central Bank of Armenia’s press service reports.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

LATEST NEWS

spot_imgspot_imgspot_img