Armenia
Armenian president urges central bank to act
Armenian President Robert Kocharyan has called on the central bank to act "decisively and quickly" to prevent speculation in Armenia's financial market caused by fluctuations in the rate of the dollar against the national currency.
IMF praises Armenian central bank's tough policy
The IMF accepts and completely supports the tough monetary and credit policy of the Armenian central bank to contain inflation rate in the country, James McHugh, the IMF's resident representative in Armenia, has told Arminfo news agency.
Report says Armenia offloads its gold reserves
The Central Bank of Armenia has sold the country's gold reserves of about 1.4 tonnes, a report said quoting the Bank.
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,…
Central Bank of Armenia - Annual Report 2001
The Central Bank of Armenia has published its Annual Report for the year ended 2001.
Central bank chief-no money laundering in Armenia
ARMENIA - "We can state that Armenia is not involved in money laundering," the chairman of the Armenian Central Bank, Tigran Sarkisyan, said at a round table discussion on Friday.
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 to reinforce protective features of notes
ARMENIA - From 1 July 2002, the Central Bank of Armenia will put into circulation 1,000-dram banknotes with an enhanced protection system and a number of changes in its design.
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.
Armenia's central bank sends open letter to papers
ARMENIA - Chairman of Armenia's Central Bank Tigran Sargsyan sent an open letter to the editors-in-chief of the Aravot and Haykakan Zhamanak Armenian dailies.
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.
Armenia central bank puts silver coins into system
ARMENIA - The Central Bank of Armenia has put into circulation 170 silver and 30 gilded coins with denomination of 100 AMD on 6 November 2001.
The Economic Transition in Armenia
SPEECH - Speech given at the American University of Armenia by John Odling-Smee Director, European II Department, International Monetary Fund, Yerevan, 31 July.
Armenia's top officials must declare their income
ARMENIA - The Armenian parliament has passed a law on the declaration of income and property by high-ranking officials, including the central bank, in Armenia.
Central Bank of Armenia - Annual Report 2000
ANNUAL REPORT - The Central Bank of Armenia has published its Annual Report for the year ended 2000.
Armenia to put 50, 000 bank notes into circulation
ARMENIA - The Central Bank of Armenia is putting 50,000 drams bank-notes into circulation beginning on 4 June.
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.