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Tag: president

President and central bank chairman discussed situation in financial market

Economy
Armenian President Armen Sarkissian received today the Chairman of the Central Bank Martin Galstyan, who, according to Sarkissian's press office, told the president about what the regulator was doing to contain the inflation and ensure the normal functioning of the financial system of the country

Armenian president refuses to sign into law two bills passed earlier by national assembly

Banks
Armenian President Armen Sarkissian refused today to sign into law two bills passed earlier by the National Assembly, his press office reported

Armenian president and ADB bank head discuss implementation of joint projects

Banks
Armenian President Armen Sarkissian received Wednesday the Head of the Armenian Office of the Asian Development Bank (ADB) Paolo Spintigati, the presidential press office reports

Armenian president visits Astana international financial hub in Kazakhstan

Economy
YEREVAN, May 17. /ARKA/. Armenian President Armen Sarkissian visited today the international financial center Astana as part of his...

Armenian president accepts government’s resignation

Economy
Armenia's new president Armen Sarkissian who was sworn in on Monday in a special inauguration ceremony, accepted the resignation of the government

Armenian new president sworn in

Economy
Armen Sarkissian, the fourth Armenian president, was sworn in today in a special ceremony

First BRICS-promoted New Development Bank’s president takes office

Banks
ICICI Bank said earlier this week its non-executive chairman KV Kamath had relinquished his position at the bank to take over as the head of the BRICS-promoted New Development Bank (NDB)

Union of Banks of Armenia: 10-15 years required for introducing single EEU currency

Exchange market
Introducing a single Eurasian Economic Union (EEU) currency will require a long period of time, some ten to fifteen years, head of the Union of Banks of Armenia Samvel Chzmachyan said in his interview to ARKA

Armenia’s reserves sufficient for guarding against financial instability – president

Banks
Armenia’s reserves are sufficient for prevention of financial instability, Armenian president Serzh Sargsyan said at a New Year reception in the central bank

ECB president Mario Draghi named as ‘governor of the year’

Banks
European Central Bank (ECB) president Mario Draghi was today unveiled as ‘governor of the year' and the People's Bank of China (PBoC) as ‘central bank of the year' in the inaugural Central Banking awards

Cyprus takes steps to bring down joblessness: Washingtonpost

Economy
Cyprus has earmarked 340 million euros ($467.5 million) to help combat joblessness, which is expected to peak next year at over 19 percent in the bailed-out country, The Washington Post reported referring to AP

EBRD President to have press conference in Yerevan

Banks
EBRD President, Sir Suma Chakrabarti will have a press conference on Friday, 19th July at 17:30 at the Elite Plaza in Yerevan, dedicated to his first official visit to Armenia as part of his tour of the South Caucasus countries.

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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.

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

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