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Tag: head

Bank branch head arrested in Armenia on suspicion of pocketing AMD 122 million

Banks
An officers at a bank in Artashat was arrested Tuesday on suspicion of embezzlement of AMD 122 million (around $256,300), the Armenian police department reports on its official website

Mher Abrahamyan elected head of Union of Banks of Armenia

Banks
Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia

Armenian Central Bank head off to Greece for BSTDB session

Economy
The chairman of Armenia’s Central Bank, Arthur Javadyan and head of financial system development and stability department Andranik Grigoryan have left for nThessaloniki (Greece)

Head of Bank of Cyprus resigns

Banks
The chairman of the Bank of Cyprus, Andreas Artemis, has filed his resignation, local news agencies reported. Earlier today Cyprus' Central Bank has confirmed that all Cypriot banks will remain closed until Thursday, RBC reported citing BBC

Sergey Ignatov appointed new head of EDB office in Armenia

Banks
Sergey Ignatov was appointed new director of the Eurasian Development Bank (EDB) office in Armenia, the EDB said in a statement posted on its official website

Karapet Gevorgyan Becomes Acting Chairman Of Ardshininvestbank’s Directorial Board

Banks
Ardshininvestbank’s board elected Karapet Gevorgyan, the banks deputy chairman and retail business director, as acting chairman of the directorial board

Armenian Prime Minister Awarded Former Head of CBA

Banks
Prime Minister Tigran Sargsyan presented the former head of the Central Bank, the adviser to the chairman of the CBA Isahak Isahakyan

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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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