Saturday, February 7 2026 12:20
Naira Badalian

Armenia introduces comprehensive risk management system, makes  monetary policy more transparent

Armenia introduces comprehensive risk management system, makes  monetary policy more transparent

ArmInfo. Central Bank of Armenia Governor Martin Galstyan participated in the investment forum "Amundi Investment Outlook 2026: Keep it Turning," organized by Amundi, the Central Bank's press service reported.

The forum brought together leading representatives of the financial,  banking, and investment sectors to facilitate the exchange of  experience and professional dialogue on international developments.

During the event, Central Bank Governor Martin Galstyan, Amundi-Acba  CEO Jean Mazechian, and Amundi Group Chief Investment Officer Vincent  Mortier discussed geopolitical and macroeconomic developments and  their impact on financial markets and the investment environment  during a panel discussion.

The Central Bank Governor outlined the main risks facing the global  economy, emphasizing ongoing inflation, slowing growth in leading  economies, and increasing geopolitical polarization. He noted that  central banks should reconsider traditional approaches to  policymaking in uncertain times, emphasizing that Armenia has  implemented a new risk management system and increased the  transparency of its monetary policy.

During the forum, Vincent Mortier, Chief Investment Officer of the  Amundi Group, presented a global investment outlook for 2026, the  statement reads.

Amundi-ACBA Asset Management CJSC was established in 2013. The  company manages three mandatory pension funds: Balanced,  Conservative, and Stable Income. The company's shareholders are the  French company Amundi (51%), which manages assets of over ?2.32  trillion (as of September 30, 2025) in 35 countries, and the Armenian  Acba Bank (49%), one of the largest financial institutions in Armenia  with 66 branches.

In December 2025, the number of participants in the three Amundi-Acba  Asset Management funds reached 558,000 (510,000 in December 2024),  with assets under management reaching 750 billion drams (assets as of  January 30, 2026 amounted to approximately 772 billion drams).

In 2025 alone, the volume of assets managed by the Amundi-Acba funds  increased by 185 billion drams.  Of these, 75 billion drams (40%)  were received through management income, and 110 billion drams (about  64%) were accumulated contributions. , - the company's Chief Investment Officer  Hrayr Aslanyan said recently. Since the introduction of the funded  pension system in the Republic of Armenia, the average annual yield  of citizens' pension accounts managed by the company has reached  7.5-8.2%. Thus, the fund yield for 2025 was:  Amundi-Acba Balanced  Fund (AMCON) (10 billion drams): +12%; Amundi-Acba Conservative Fund  (AMBAL) (734 billion drams): +12.4%; Stable-income - (AMFIX) (6.8  billion drams: +10.1%).