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Central Bank of Armenia

Armenian companies established in 1993Banks established in 1993Banks of ArmeniaCentral banksEconomy of Armenia
CBA building
CBA building

The Central Bank of Armenia (Armenian: Հայաստանի Կենտրոնական Բանկ, romanized: Hayastani Kentronakan Bank) is the central bank of Armenia with its headquarters in Yerevan. The CBA is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector and keeping the government's currency reserves. The CBA is also the sole owner of the Armenian Mint. The bank is engaged in policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.On July 3, 2012 the Central Bank of Armenia announced it would be making specific commitments to financial inclusion under the Maya Declaration. On September 28, 2012 at the Global Policy Forum 2012, the bank made an additional commitment under the Maya Declaration to encourage the roll out of private sector products that respond to the needs of the poor, with an emphasis on innovative channels like mobile and electronic money. And to also implement a swift, effective, and free complaint-handling system via the financial mediator office, and improve the regulatory framework so that consumers have the information, protection, and ability to access all services. The current governor of the CBA is Martin Galstyan.

Excerpt from the Wikipedia article Central Bank of Armenia (License: CC BY-SA 3.0, Authors, Images).

Central Bank of Armenia
Deghatan street, Yerevan Centre (Kentron)

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Wikipedia: Central Bank of ArmeniaContinue reading on Wikipedia

Geographical coordinates (GPS)

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N 40.175833333333 ° E 44.510555555556 °
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Address

«ԿԵՆՏՐՈՆ» ՀԱՐԿԱՅԻՆ ՏԵՍՉՈՒԹՅՈՒՆ

Deghatan street 3
0010 Yerevan, Centre (Kentron)
Armenia
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Phone number

call+37460544657

Website
petekamutner.am

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CBA building
CBA building
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Republic Square, Yerevan
Republic Square, Yerevan

Republic Square (Armenian: Հանրապետության հրապարակ, Hanrapetut′yan hraparak, known locally as Hraparak, "the square") is the central town square in Yerevan, the capital of Armenia. It consists of two sections: an oval roundabout and a trapezoid-shaped section which contains a pool with musical fountains. The square is surrounded by five major buildings built in pink and yellow tuff in the neoclassical style with extensive use of Armenian motifs. This architectural ensemble includes the Government House, the History Museum and the National Gallery, Armenia Marriott Hotel and two buildings that formerly housed the ministries of Foreign Affairs and Transport and Communications. The square was originally designed by Alexander Tamanian in 1924. The construction of most of the buildings was completed by the 1950s; the last building—the National Gallery—was completed in 1977.During the Soviet period it was called Lenin Square and a statue of Vladimir Lenin stood at the square. Soviet parades and celebrations were held twice (originally thrice) a year until 1988. After Armenia's independence, Lenin's statue was removed and the square was renamed. It has been described as Yerevan's "architectural highlight" and the city's "most outstanding architectural ensemble". Travel writer Deirdre Holding suggested that it is "certainly one of the finest central squares created anywhere in the world during the 20th century." As Armenia's and the city's "most important civic space", Republic Square was the main site of demonstrations during the 2018 Velvet Revolution.

First Republic of Armenia
First Republic of Armenia

The First Republic of Armenia, officially known at the time of its existence as the Republic of Armenia (Armenian: Հայաստանի Հանրապետություն, romanized: Hayastani Hanrapetut'yun), was an independent Armenian state that existed from May (28th de jure, 30th de facto) 1918 to December 2 1920 in the Armenian-populated territories of the former Russian Empire known as Eastern or Russian Armenia. The republic was established in May 1918, with its capital in the city of Yerevan, after the dissolution of the short-lived Transcaucasian Democratic Federative Republic. It was the first Armenian state since the Middle Ages. In its first year of independence, Armenia was confined to a small territory around Lake Sevan after its invasion by the Ottoman Empire during the Caucasus campaign. Following the Armistice of Mudros, Armenia expanded its borders in the wake of the Ottoman withdrawal, leading to a short border war with neighbouring Georgia. During its first winter, hundreds of thousands of refugees in the country who had fled the Armenian genocide died from starvation or exposure. In the spring of 1919, Armenia, with British support, incorporated the formerly occupied regions of Kars and Nakhchivan, thus more than tripling in size since independence; however, Armenian control of these regions collapsed during the Muslim uprisings that erupted in the summer of 1919. In late 1919, the isolated Armenian region of Zangezur came under attack by neighbouring Azerbaijan. However, the fighting subsided until an Armenian uprising was launched in March of the following year in the Azerbaijani-controlled region of Nagorno-Karabakh, ending with the latter's sovietisation in April. In August 1920, Armenian representatives signed the Treaty of Sèvres, which awarded the country an additional 40,000 square miles (100,000 square kilometres) of territory in Western Armenia, although the treaty was never implemented. In late 1920, the republic was invaded by Turkish forces, ending with its partition and sovietisation by the Russian SFSR, with the latter founding the superseding Armenian Soviet Socialist Republic. Shortly thereafter, an anti-Bolshevik revolt resisted Soviet authority from February–July 1921. In the two and a half years of its existence, Armenia formed diplomatic relations with 40 countries, gained de jure recognition, underwent parliamentary elections, and founded its first university. The nation's parliament and government were dominated by the broad Dashnak party (ARF), however, the cabinet posts were initially shared with the "bourgeois" Armenian Populist Party and later Social Revolutionaries.