Financial System of Armenia. Development, Regulation, Supervision 2015
2016-05-24 08:10
Introduction
Amidst uncertainties caused by the regional economic developments and. lower domestic demand for credit, in 2015 the financial intermediation slightly declined Financial system asset-to-GDP and loan-to GDP ratios shrunk by 7 and 5.7 percentage points, respectively, to 76.8% and 43.4%. In line with the expectations of the financial institutions, external sector risks increased, but the impact was timely mitigated through both banks’ rapid reaction to reduce the impact of...
The Executive Secretary of the Council of Europe MONEYVAL Committee and the head of the AML/CFT Monitoring and Training Unit paid a two-day visit to RA upon the invitation of the Financial Monitoring Center of the Central Bank of Armenia
2016-05-18 16:21
On May 16 and 17 the Executive Secretary of the Council of Europe MONEYVAL Committee Mr. Matthias Kloth and the head of the AML/CFT Monitoring and Training Unit Mr. Michael Stellini paid a visit to RA upon the invitation of the Financial Monitoring Center of the Central Bank of Armenia (FMC). During the two-day visit meeting-discussions were held aimed at contributing to efficient implementation of measures to address shortcomings identified in the 5th round Mutual Evaluation Report of the...
The Board of the CBA lowered the refinancing rate by 0.5 percent
2016-05-17 08:45
The Board of the CBA lowered the refinancing rate by 0.25%
At the May 17, 2016 meeting the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.5 percentage point to 7.75%.
In April of 2016 deflation was 0.3% compared to 0.4% recorded in the same month of the previous year. At the end of the month the 12-month inflation rate amounted to -1.9%.
Global economy continues growing at slow rates yet relative stability came to replace deflationary patterns in...
Statistical overview (March. 2016)
2016-05-11 14:47
Statistical overview
The “CBA Bulletin” of the Central Bank of Armenia is a monthly periodicalthat presents Monetary Overview section which contains data on monetary, external, fiscal and real sectors, and data on payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade is the National Statistical Service of Armenia (http://www.armstat.am). The data source on fiscal, external sectors (excluding...
List established under UNSC resolution was supplemented
2016-04-28 15:07
On April 27, 2016 the Committee established pursuant to the UN Security Council resolution 1970 approved supplements to the list of individuals and entities associated with...
Financial Stability Report (2015 annual report)
2016-04-26 07:12
This Financial Stability Report presents an assessment of potential risks that could threaten the stability of financial system of the Republic of Armenia as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia's macroeconomic environment and financial system analyses is available in the Central Bank's periodicals, such as Annual Report of the Central Bank, Status Report on Monetary Policy Implementation and Armenian Financial System:...
List established under UNSC resolutions was supplemented
2016-04-21 15:09
On April 20, 2016 the Committee established pursuant to the UN Security Council resolutions 1267/1989/2253 approved supplements to the list of individuals and entities associated with ISIL &...
Statistical overview (February. 2016)
2016-04-08 14:42
Statistical overview
The “CBA Bulletin” of the Central Bank of Armenia is a monthly periodicalthat presents Monetary Overview section which contains data on monetary, external, fiscal and real sectors, and data on payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade is the National Statistical Service of Armenia (http://www.armstat.am). The data source on fiscal, external sectors (excluding...
Annual report 2015
2016-03-31 18:59
Chairman's message
Dear reader,
In 2015 the Central Bank of the Republic of Armenia performed its duties in the face of various challenges coming from the global economy. The Bank managed to reduce inflation expectations, which was also fos tered by the lack of inflationary pressures from outside world and fallen prices of agricultural products owing to good weather conditions. The 12 month inflation rate followed a downsloping path, which was more than expected, resulting in a 0.1% deflation...
Statement of financial position as at 31 December 2015
2016-03-31 17:01
Statement of financial position as at 31 December...
List established under UNSC resolutions was supplemented
2016-03-29 14:04
On March 28, 2016 the Committee established pursuant to the UN Security Council resolutions 1267/1989/2253 approved supplements to the list of individuals and entities associated with ISIL (Da’esh) and Al...
Collector coins of the Republic of Armenia-2015
2016-03-29 12:47
Dear ReaderThis annual journal "Collector Coins of the Republic of Armenia" has been prepared to present the collector coins issued by the Central Bank of Armenia in 2015. As always, the collectorcoins in the journal mark anniversaries and events we had during the year. The collector coins of the journal are, among others, dedicated to the 150th anniversaries of Commander Andranik Ozanyan, a prominent figure in the Armenian national liberation movement, and a celebrated artist Panos...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-03-29 08:42
The Board of the CBA lowered the refinancing rate by 0.25%
At the March 29, 2016 meeting the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 percentage point to 8.25%.
In February of 2016 deflation was 1.4% compared to 0.1% recorded in the same month of the previous year. In the meanwhile, the 12-month inflation rate continued falling; at the end of the month it amounted to -1.7%. Monthly deflation was entirely due to the decrease in prices of imported food...
List established under UNSC resolutions was amended
2016-03-23 13:55
On March 21, 2016 the Committee established pursuant to the UN Security Council resolution 1718 approved amendments to the list of individuals and entities associated with...
Statistical overview (January. 2016)
2016-03-14 14:40
Statistical overview
The “CBA Bulletin” of the Central Bank of Armenia is a monthly periodicalthat presents Monetary Overview section which contains data on monetary, external, fiscal and real sectors, and data on payment and settlement system and financial system indicators.
The data source of real sector (excluding core inflation) and external trade is the National Statistical Service of Armenia (http://www.armstat.am). The data source on fiscal, external sectors (excluding...