Կենտրոնական բանկ

On November 11, CBA Governor Martin Galstyan participated in the Centennial Conference of the Bank of Albania, themed “A century of central banking: From institutional foundation to regional anchor”, held in Tirana.

The event brought together governors and senior representatives from international financial institutions and European central banks to reflect on a century of progress and discuss the challenges ahead.

Governor Galstyan was among the distinguished speakers in Session III panel discussion: “Monetary policy challenges”, led by Luljeta Minxhozi, First Deputy Governor of the Bank of Albania.

During the session, Governor Galstyan shared insights on the prudent risk management approach to monetary policy, emphasizing how central banks could sustain credibility and flexibility amid radical uncertainty. He highlighted the Central Bank of Armenia’s innovative monetary policy framework centered on “least regrets” decision-making, institutional transparency, and strong accountability mechanisms that enabled policymakers to navigate uncertainty without compromising credibility.