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Tag: financial system

Armenia’s financial system has recovered quickly amid coronavirus

Banks
Armenian Prime Minister Nikol Pashinyan, speaking Wednesday in the National Assembly, said the country's financial system has quickly recovered amid COVID-19

Armenian central bank ready to provide financial system with appropriate liquidity, if necessary

Banks
The Central Bank of Armenia is ready to provide the financial system with appropriate liquidity, if necessary, though the financial system is sufficiently saturated with capital and has sufficient liquidity to serve the economy, Director of the Central Bank's Department for Financial Stability Andranik Grigoryan said Wednesday at a press conference in the Unified Information Center

Armenia’s financial system not affected by coronavirus outbreak

Banks
Armenia’s financial system continues to work in normal mode, the Central Bank said in a statement today

Armenia’s financial system stable, and no signs of crisis or other threats seen now

Economy
Armenia's financial system is stable, and no signs of crisis or other threats are seen now, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Tuesday in an interview with the Public Television of Armenia

Yeritsyan: Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work

Banks
The Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work, Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, said Friday at Fitch Ratings annual conference in Yerevan

EBRD contributes to smooth development of Armenia’s financial system, central bank chairman

Banks
The European Bank for Reconstruction and Development (EBRD) has contributed greatly to the smooth development of Armenia’s financial system

Armenia’s financial system stable and risks manageable – Central Bank

Banks
Armenia's financial system is stable and risks are manageable, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development

Sustainable development, diversification key strategic directions of Armenian Central Bank – Javadyan

Banks
Stable development and diversification of the financial system are the key directions of Armenian central bank’s strategy, head of the Central Bank of Armenia Artur Javadyan said

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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