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Tag: pension funds

Assets under management of Armenian pension funds will reach almost $1 billion dollars at the end of 2021

Capital market
The development of domestic capital markets is a priority in the region. This reflects not only the reduction of vulnerability of capital flows but also the necessity to strengthen the resilience of financial markets in general, said the Chairman of the Central Bank of Armenia Martin Galstyan during a webinar based on the materials of the new IMF report titled Regional Economic Outlook: Middle East and Central Asia

Global economy impact on pension funds – Amundi-ACBA Asset Management Deputy Director

Banks
Deputy Director, Fund Manager of Amundi-ACBA Asset Management CJSC Hrayr Aslanyan has assessed the impact of the coronavirus pandemic on the world economy and Armenia's behavior in these conditions

Armenia’s pension funds have been growing by an average of 9.5% per year since 2014 – central bank

Economy
Armenia's accumulative pension funds have been growing by an average of 9.5% per year since 2014, Vigen Shahnazaryan, a leading expert of the Financial System Regulation Department of the Central Bank of Armenia, said at an online conference organized by the Club of Economic Journalists and the Konrad Adenauer Foundation

Total assets of Armenia’s pension funds stand now at 35.5 billion drams

Economy
The total assets of Armenia’s pension funds managed by two companies stand now at 35.5 billion drams, and the annual yield is 7%, Karen Hakobyan

Four banks and postal operator chosen to operate Armenian pension funds accounts

Economy
Araratbank, Ardshininvestbank, Armbusinessbank , VTB Bank (Armenia) and HayPost national postal operator have signed agreements with Armenia’s Central Depository to operate pension funds accounts

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