List established under UNSC resolution was supplemented
2015-11-04 13:10
On November 2, 2015 the Committee established pursuant to the UN Security Council resolution 1988 approved supplements to the list of individuals and entities associated with...
New FATF public statement issued
2015-11-03 13:07
On October 23, 2015 the FATF issued a public statement on jurisdictions with strategic deficiencies in their anti-money laundering and combating the financing of terrorism regime.The statement is available...
List established under UNSC resolutions was amended
2015-10-28 13:04
On October 26, 2015 the Committee established pursuant to the UN Security Council resolutions 1267/1989 approved amendments to the list of individuals and entities associated with Al...
List established under UNSC resolution was amended
2015-10-21 13:00
On October 20, 2015 the Committee established pursuant to the UN Security Council resolution 2127 approved amendments to the list of individuals and entities associated with Central African...
List established under UNSC resolutions was amended/supplemented
2015-10-15 12:54
On October 14, 2015 the Committee established pursuant to the UN Security Council resolutions 1267/1989 approved amendments/supplements to the list of individuals and entities associated with Al...
Statistical overview (August. 2015)
2015-10-08 10:17
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...
Financial Stability Report (2015 1st half)
2015-10-06 14:40
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:...
Estimаting the new keynesiаn оutput gаp fоr Armeniа viа а bаyesiаn аpprоасh
2015-09-25 12:55
WP/15/2/08
Central Bank of Armenia Working Paper 15/2/08
Estimаting the new keynesiаn оutput gаp fоr Armeniа viа а bаyesiаn аpprоасh Knarik Ayvazyan September 2015
Аbstract
Аs the New Keynesiаn оutput gаp саnnоt be оbserved in prасtiсe, there is quite sоme debаte оn whаt this vаriаble асtuаlly lооks like. Rаther thаn tаking the stаndаrd аpprоасh оf using а time trend оr the HP-filter tо estimаte it, this pаper sepаrаtes...
Meeting of the Heads of CISFIUs Council Working Groups was organized
2015-09-24 18:01
During September 22 to 25, meeting of the Heads of CISFIUs Council working groups was organized at the Central Bank of Armenia premises in...
The Board of the CBA left the refinancing rate unchanged 10.25 percent
2015-09-22 09:31
The Board of the CBA left the refinancing rate unchanged 10.25%
At September 22, 2015 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, 10.25%.
There was 0.1% of inflation in August of 2015 against 0.7% reported in the same reference month last year. The 12‐month inflation rate continued falling, at a slower pace than expected, to 3.6% at the end of the month.
Trends of slow global economic growth persisted in the external sector while...
Statistical overview (July. 2015)
2015-09-03 10:15
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...
Inflation report 2015/3 (Monetary Policy Program Q3, 2015. Status report on implementation of the Monetary Policy Program Q2, 2015)
2015-08-11 13:02
Executive summary
According to the forecasts of the Central Bank of Armenia (hereinafter “the CBA”), by the end of 2015 the 12-month inflation rate will be in the lower bound of the confidence band of 4% + 1.5 pp. In the rest part of forecast horizon, it will fluctuate within the confidence band and stabilize around the target at the end of forecast horizon. For 2015, economic growth is predicted to be higher compared with previous forecast, which is due to positive developments of...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2015-08-11 09:28
The Board of the CBA lowered the refinancing rate by 0.25%
At the meeting dated August 11, 2015, the Board of the Central Bank of the Republic of Armenia decided to reduce the Refinancing Rate by 0.25 pp and set it at 10.25%.
There was 2.2% of deflation in July of 2015 compared with 0.9% of deflation recorded in the same month last year, and the 12-month inflation rate decreased to reach 4.2% late in the month.
Actual developments show that slower-than-expected global economic growth...
Financial System of Armenia. Development, Regulation, Supervision 2014
2015-08-06 10:36
Introduction
In 2014, the financial system of Armenia was quite active and secured increased access to and improved affordability of financial services for the real sector. During the year, assets of the financial system grew by 15% and amounted to 83.8% of gross domestic product (a 6.7 percentage points increase over 2013). As financial intermediation deepened and competition between banks grew, loan interest rates continued to decline and deposit interest rates to increase, causing the...
Statistical overview (June. 2015)
2015-08-03 16:52
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...