Wed, 4 February
0.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Armen Ktoyan elected as new member of Central Bank of Armenia Board

YEREVAN, October 24. /ARКА/. The National Assembly of Armenia has elected Armen Ktoyan to the Central Bank of Armenia Board. His nomination was put forward by the parliamentary standing committee responsible for financial, credit, and budgetary matters.

Ktoyan’s nomination was approved during a parliamentary session held on October 24, with all 65 members of parliament casting their votes in favor of him.

Armen Ktoyan, aged 47, hails from Hrazdan. He completed his studies at the Yerevan State Institute of Economics from 1995 to 2000, earning a degree in economics and mathematics. He further pursued postgraduate studies at the Institute of Management and Economic Reforms, obtaining a PhD in economics after defending his dissertation in 2003, and has held the title of associate professor since 2011.

Since 2017, he has been the Head of the Statistics Department at the Armenian State University of Economics. Additionally, since 2022, he has served as a board member of Fast Credit Capital, a private limited liability company that transitioned to Fast Bank CJSC in November 2022.

He is nonpartisan and is proficient in Armenian, English, and Russian.-0-

spot_img

POPULAR

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Acba bank launches the new American Express Gold Debit Card

Acba bank, American Express' licensee in Armenia, launches the new American Express Gold Debit Card, offering exclusive benefits in travel and for everyday spend*.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

LATEST NEWS

spot_imgspot_imgspot_img