Armenian central bank heads for the hills

dilijanstreet

Parts of the Central Bank of Armenia are set to move from the capital Yerevan to a northern resort town earmarked as the Eurasian country's new financial hub.

Vakhtang Abrahamyan, a member of the central bank's board, told CentralBanking.com that about 200 of its employees would make the move in 2013, when construction of the new premises in the picturesque city of Dilijan, which is located inside a national park, is completed. "The macroeconomic research arm of the central bank will be moving o

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