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 to Armenian dram exchange rate jumped by 5.36 drams, while the dollar and ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of April 1, 2026, increased by 0.07 points compared to March 31, reaching 377.23 drams.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

LATEST NEWS

spot_imgspot_imgspot_img