7 Properties, 183 Million AMD, 1.346 Million USD, 434 Thousand EUR: The Assets of the Central Bank Chairman and His Wife

The Chairman of the Central Bank of Armenia, Arthur Javadyan, submitted his annual declaration for 2018 to the Commission on Ethics of High-Ranking Officials on May 29, 2019. This was reported by armtimes.com.

At the start of the tax year, Javadyan held a stake worth 1 million 297 thousand 235 AMD in investment funds. During the year, he acquired an additional stake worth 562 thousand 500 AMD. As a result, by the end of the year, Javadyan held a stake of 1 million 914 thousand 492 AMD.

At the beginning of the year, the Central Bank chairman had 131 million AMD, 629 thousand USD, and 162 thousand EUR, which increased by the end of the year to 133 million AMD, 671 thousand USD, and 182 thousand EUR.

In 2018, Javadyan reported income amounting to 30 million 434 thousand 45 AMD, 2,376 EUR, and 36 thousand 511 USD, generated from dividends, salary, and interest from loans granted.

Since assuming office in 2014, Javadyan has declared both his movable and immovable properties. The Central Bank chairman owns 7 properties: 2 houses, 1 apartment, and 4 plots of land. He also possesses a vehicle, a VOLKSWAGEN TOUAREG V6 3.5. He has not sold these assets in the following years.

Additionally, the financial resources of Javadyan's wife, Hasmik Manukyan, also increased in 2018. At the beginning of the year, Manukyan had 52 million 500 thousand AMD, 675 thousand USD, and 252 thousand EUR, which by the end of the year became 53 million 500 thousand AMD, 720 thousand USD, and 263 thousand EUR.

In 2018, she reported income amounting to 19 million 452 thousand 800 AMD, 2,262 EUR, and 35 thousand 81 USD, accrued from her salary, interest from loans given, and rental income.

The daughter of the Central Bank chairman, Anna Javadyan, lent 24 thousand USD in 2018, which remained the same by the end of the year. At the beginning of 2018, Anna had also lent 26 thousand 760 USD, with 1,442 USD being lent during the tax year, which was fully repaid within the same year, totaling 28 thousand 202 USD.

In 2018, Anna Javadyan reported income of 1,080 EUR and 2,724 USD, which was derived from interest on loans she had extended.