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    June 2022
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  • Archive for June 29th, 2022

    Central Bank of Armenia and Warsaw Stock Exchange sign contract of sale of Armenia Securities Exchange

    Wednesday, June 29th, 2022

    On June 28, in Yerevan, the Governor of the Central Bank of Armenia Martin Galstyan and President of the Management Board of the Warsaw Stock Exchange (GPW) Marek Dietl signed an agreement on the sale of a majority interest in the Armenia Securities Exchange (AMX)

    Armenian central bank reminds of new law on cashless payments that comes into force from July1, 2022

    Wednesday, June 29th, 2022

    In a statement issued today Armenia’s Central Bank reminds that under a new law passed by the parliament on June 9, starting July 1, 2022 all business transactions worth more than 300,000 drams (about $700) and transactions between individuals worth more than 500,000 drams (about $1,100) will have to be made electronically, either through a mobile payment app, a payment terminal or via a bank wire transfer.  The limit for individuals will be reduced to 300,000 drams in July 2023