ArmInfo.As a government, we see the need to create conditions and incentives for the development of the capital market. Deputy Minister of Economy of Armenia Narek Teryan stated during the plenary session on the topic "Investment climate in Armenia and prospects for the development of the capital markets" within the framework of the first Investment and Financial Forum by.
He noted that companies in our country mainly raise funds using classical tools, primarily through bank lending and attracting partners. However, in the context of attracting financing, the state, according to him, considers strengthening investor confidence in the capital market to be one of the key factors, which will help increase transparency and availability of reliable information, as well as for building long-term relations.
Teryan also noted that protecting the rights of shareholders, which include not only private but also institutional investors, is also important. "Trust will help increase market transparency, make information about products, terms, and issuers available, and build long-term customer relationships. As a government, we plan to introduce such tools as providing possible guarantees from the state and development institutions, support programs for entering the market of shares or companies that operate in industries and projects promising for the country. We are already implementing some of this. But for balanced development, it is important to ensure that such measures are cross-cutting. We must develop the capital market and gradually shift the focus away from classical fundraising. On top of that, we need to educate the public to explain why it's safe. But we are only at the beginning of our journey," Narek Teryan noted.
The first investment and financial forum, "Armenian Capital Markets: Future Outlook," kicked off in Yerevan on Tuesday, March 5. Representatives from all branches of the financial sector attended the event. Throughout the day, they will discuss the formation of a favorable investment climate for the country and financial market infrastructure. Freedom Broker Armenia organized the event in cooperation with the Ministry of Economy of the Republic of Armenia.
