Armenia’s finance minister and former central bank vice-president Vache Gabrielyan is focusing on maintaining the country on its path of recovery, controlling inflation and starting a reform of its pension system.
Central & eastern Europe
Latest articles from Armenia
![Vache Gabrielyan, finance minister, Armenia Vache Gabrielyan, finance minister, Armenia](/var/ezflow_site/storage/images/media/images/vache-gabrielyan/1690481-1-eng-GB/Vache-Gabrielyan_ftfdi_small.jpg)
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Armenia's banking caution looks set to pay off
September 1, 2011Although the global financial crisis led to a significant contraction in the Armenian economy, the country’s banks were largely unaffected by the turmoil. With low banking penetration and regulation that is both progressive and cautious, the future for these institutions looks bright.
Ukraine, Kazakhstan and Belarus dominate CIS banking landscape
May 4, 2011In the past decade, foreign investment and natural resources wealth have transformed the banking landscape in the Commonwealth of Independent States (CIS). The Banker's latest ranking for the region shows which countries have benefited the most from this change.
The quiet success story
September 3, 2007Under the oversight of the central bank, Armenia has boomed and now foreign banks are circling for a piece of the action. Ben Aris reports.
Bridge building in the Balkans
September 3, 2007Société Générale has added to its Balkan synergies with the purchase of Macedonia’s Ohridska Banka – but local banks are efficient and profits are by no means a certainty. Eric Jansson reports.
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