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EBRD and Armenian central bank to strengthen local capital market

23.03.2017 18:58

EBRD and Armenian central bank to strengthen local capital market

YEREVAN, March 23. /ARKA/. The European Bank for Reconstruction and Development (EBRD) and the Central Bank of Armenia (CBA) are hosting a conference in Yerevan today to discuss strengthening the local capital market and increasing local currency lending, EBRD said today in a press release.

The event builds on the successful cooperation between the EBRD and CBA following the signing of a Memorandum of Understanding in March 2016 about reform of the local derivatives market.

CBA Deputy Governor Nerses Yeritsyan opened the seminar with a presentation about “Money Markets and Derivatives – The International and Armenian Perspectives”. Over 100 participants, including regulators and market participants as well as representatives of international financial institutions, banks and other financial institutions, are attending the event.

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