Artsakh Finance Ministry refutes rumors about confiscation of funds from government accounts by Artsakhbank

YEREVAN, November 1. /ARKA/. Nagorno-Karabakh finance ministry has denied  today allegations spread through social networks  that Artsakhbank confiscated the funds from the government’s treasury accounts for the latter’s debts.

“We consider it necessary to note that 3.1 billion drams on the treasury accounts of the Government of the Republic of Artsakh (Nagorno-Karabakh) were fully allocated for the payment of salaries in proportion to the September wage fund (3.6 billion drams),” the Artsakh Information Center said. ($1 – AMD 403). -0-

spot_img

POPULAR

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.

Auction Held for Placement of Government Bonds Exceeding 112.5 bln AMD

An auction took place at the Armenia Stock Exchange for the placement of government bonds totaling over 112.5 billion AMD, specifically:

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Armenia plans to increase the dividend tax for bank shareholders to 15%

At a meeting on Thursday, the Armenian government approved amendments to the Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

ADB Appoints New Country Director for Armenia

The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

LATEST NEWS

spot_imgspot_imgspot_img