Armenia

Armenia ushers in new Deputy Governor

The National Assembly of Armenia has approved Artur Dzhavadyan as the new Deputy Governor of the Central Bank of Armenia after he was proposed by the President. In what looks like a big vote of confidence, ArmInfo reported there were 86 votes in support…

Armenia of interest for Russia's banking sector

Armenian central bank chairman Tigran Sarkisyan said in an interview that as bilateral economic contacts gather pace with Russia, Russian commercial banks will step up co-operation with Armenian partners to increase the servicing of financial flows,…

Armenian MPs discuss amendment on money laundering

ARMENIA - The Armenian parliament has discussed in its first reading a package of draft laws on amendments to the current Armenian laws "On banks and banking activities", "On the Central Bank of Armenia" and "On credit activities" submitted by the…

Armenia's c bank chief to take part in seminar

ARMENIA - The head of Armenia's Central Bank Tigran Sargsian today left for London for participation in the seminar "Poverty reduction, growth and debt sustainability in the low-income countries of CIS", which will be held on 21-22 Feb.

KPMG will conduct financial audit in Armenia

ARMENIA - The international auditing company of KPMG-Armenia will conduct a financial audit of RA Central Bank for 2001. The decision was passed at the today's sitting of RA Central Bank's Board, according to the information center of CBA.

Armenian cbank issues celebratory banknotes

Central bank of Armenia plans to put into circulation jubilee banknotes with denomination of 50,000 AMD (more than $90), said Gevorg Tumanyan, the Head of CBA Department on emission transactions and monetary reserves. The new banknotes are to celebrate…

Sarkissian: Price stability will be maintained

The head of Armenia's central bank said that stability in the financial markets will be maintained when the government spends 8 bln drams from the privatisation fund in order to cover social expenses and other financial inflows in December 2000.

Armenian Development Bank celebrates 10 years

The Armenian Development Bank organised an official reception yesterday to mark the 10th anniversary of its establishment. It was attended by the founders of the bank, including Tigran Sarkisyan, head of the Armenian central bank.

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