Fri, 14 November
17.1 C
Yerevan
USD: 382.12 RUB: 4.73 EUR: 443.79 GEL: 141.24 GBP: 502.18

Head of Central Bank of Armenia admits that some banks will go public in 2025

YEREVAN, March 18. /ARKA/. Some banks in Armenia are likely to go public this year, the head of the Central Bank Martin Galstyan said at a press conference on Tuesday.

He noted that both in the past and now, banks have played the role of a locomotive in financing the Armenian economy.

Having said that specific projects will be implemented during the year, Galstyan explained that banks have always been at the forefront in the debt market.

“A positive trend is now noticeable – companies in the real sector are also joining the process of issuing on the capital market, and banks will continue to attract their financial resources, including on the bond market,” the head of the Central Bank said. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

LATEST NEWS

spot_imgspot_imgspot_img