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ON APPROVING THE SIZE OF THE COUNTERCYCLICAL CAPITAL BUFFER (4th quarter of 2024)

2025-01-29

T H E  B O A R D  O F  T H E  C E N T R A L  B A N K  O F  A R M E N I A

 D E C I S I O N

 29 January 2025 8-N 

ON APPROVING THE SIZE OF THE COUNTERCYCLICAL CAPITAL BUFFER (4th quarter of 2024)

 

     Aimed at ensuring the stability of the financial system; guided by part 3 of Article 2 and point "e" of Article 20 of the Law of Republic of Armenia “On the Central Bank of the Republic of Armenia”, Article 53, part 1 of Article 54.1 of the Law of the Republic of Armenia “On banks and banking” and the “Procedure for setting and calculating thresholds above the capital adequacy ratio of banks” approved by Decision of the Board of the Central Bank of the Republic of Armenia No 16 of February 4 2019, the Board of the Central Bank of the Republic of Armenia hereby: 

 Decides:

  1. To leave the rate of countercyclical capital buffer of banks unchanged, at 1.75% of risk-weighted assets.
  2. This Decision shall enter into force on the day following its official promulgation on the unified website of normative legal acts.

 

Republic of Armenia

Governor                                                    

of the Central Bank of Armenia                                         Martin Galstyan

                       Yerevan