ON APPROVING THE SIZE OF THE COUNTERCYCLICAL CAPITAL BUFFER (1st quarter of 2025)
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
22 April 2025 68-N
ON APPROVING THE SIZE OF THE COUNTERCYCLICAL CAPITAL BUFFER (1st quarter of 2025)
Publication date` 29.04.2025
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:
- To leave the rate of countercyclical capital buffer of banks unchanged, at 1.75% of risk-weighted assets.
- 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 օf the Central Bank of Armenia Martin Galstyan
Yerevan