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EBRD and central bank of Armenia strengthen local currency and local capital

06.08.2016 13:45

EBRD and central bank of Armenia strengthen local currency and local capital

YEREVAN, August 5, /ARKA/. Strengthening the local capital market and increasing local currency lending were the main themes of a workshop organised by the EBRD and the Central Bank of Armenia (CBA) in Yerevan this week, EBRD Yerevan Office said in a  press release.

It said the institutions are working together on a technical cooperation project for the development of a local derivatives market.

CBA Deputy Governor Nerses Yeritsyan opened the seminar with the title “Money Market and Derivatives – The International and Armenian Perspectives” with the words: “I am glad to have the EBRD here today. We have been working together for a number of years in the development of capital markets. We have always achieved good results that were further validated by the market.”
The workshop provided more than 100 participants, including regulators and market participants, with an opportunity to discuss recent developments.

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