The Board of the CBA lowered the refinancing rate by 0.25 percent
2014-08-12 10:31
The Board of the CBA lowered the refinancing rate by 0.25%
On the 12th August 2014 meeting, the Board of the Central Bank decided to reduce the refinancing rate by 0.25 percentage point to 6.75%.
There was 0.9% of deflation in July 2014 against 0.4% of inflation recorded in the same month last year; in the meanwhile, the 12‐month inflation rate has dropped to 0.4%. The Board believes that in the coming months the 12‐month inflation rate will gradually increase and, starting from Q1 2015,...
Statistical overview (June. 2014)
2014-08-11 10:43
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...
Statistical overview (May. 2014)
2014-07-02 10:41
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...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2014-06-24 10:26
Interest rate lowered, to 7.00 percent
In the June 24, 2014 Meeting, the Board of the CBA decided to lower the Refinancing Rate of the CBA by 0.25 pp to 7.00 percent.
There was 0.8 percent of deflation in May of 2014, in relation to an unchanged price level recorded in the same month of the previous year, with the 12-month inflation of 3.6 percent in late May. In the coming months, the Board considers, the inflation rate will keep on easing as the impact of energy prices, increased in July...
Quarterly review (first quarter, 2014)
2014-06-10 22:27
Financial System of the Republic of Armenia in Q1, 2014
Banks functioning in the Republic of Armenia
As of 31.03.2014, there were 21 commercial banks with a total of 489 branch offices, and a development bank (All-Armenian Bank), functioning in the territory of the Republic of Armenia. In the period under review the banking sector indicators remained performing well.
Total capital of commercial banks
In the third quarter of 2013, total capital of the banking sector grew by 2.2...
Statistical overview (April. 2014)
2014-06-04 10:38
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...
Statistical Bulletin of the CBA 2013
2014-05-25 06:09
Statistical Bulletin of the Central Bank of Armenia is an annual periodical that presents data on monetary, fiscal, external and real sectors as well as main indicators of financial institutions and of the payment and settlement system. Description of data contained in this Statistical Bulletin is presented in the section Methodological...
Inflation report 2014/2 (Monetary Policy Program Q2 2014, Status report on Implementation of the Monetary Policy Program Q1 2014)
2014-05-20 16:47
Executive summary
The Central Bank forecasts suggest the 12-month inflation will keep on reducing to the lower bound of the confidence band in Q3, 2014 but will come closer to the target in Q2, 2015 and stay around in the rest part of forecast horizon. The economic growth will speed up in 2014-2015 and stabilize around its potential in the rest part of forecast horizon.
In Q1, 2014, the economic environment remained sluggish due to the slow pace with which construction was recovering as well...
Statistical overview (March. 2014)
2014-05-13 10:36
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...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2014-05-13 10:23
Interest rate lowered, to 7.25 percent
In the May 13, 2014 Meeting, the Board of the CBA decided to lower the Refinancing Rate of the CBA by 0.25 pp to 7.25 percent.
There was 0.5 percent of deflation in April of 2014, against 0.1 percent of deflation recorded in the same month of the previous year, with the 12-month inflation having amounted to 4.4 percent. In the coming months, the Board considers, the 12-month inflation rate will reduce and will rest closer to the lower bound of the...
Annual report 2013
2014-04-29 10:15
Chairman's address
Dear reader,
This is Annual Report of the Central Bank for 2013. It provides an inclusive account of the tasks and goals of the Bank. In the period under review, the Bank operated exactly in line with the preannounced strategy as well as vision, values and objectives prescribed in there. The Bank sought to retain high respect as guarantor of price and financial stability in the Republic of Armenia. We looked forward to ensuring sustainable development of the economy,...
Statistical overview (February. 2014)
2014-04-08 10:34
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 (2013 annual report)
2014-03-25 18:52
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:...
Collector coins of the Republic of Armenia-2013
2014-03-25 14:07
Dear Reader
This annual journal Collector Coins of the Republic of Armenia introduces new collector coins which the Central Bank of Armenia issued in 2013. The coins mark anniversaries and other important events we had during the year.
On November 22, 2013, the Republic of Armenia celebrated the 20th anniversary of introduction of the national currency, the Dram. Over these years, the Dram has gone through major changes to become a modern and secure currency. By production quality, protection...
The Board of the CBA left the refinancing rate unchanged 7.5 percent
2014-03-25 10:18
Interest rate unchanged, 7.5 percent
In the March 25, 2014 Meeting, the Board of the CBA decided to leave the Refinancing Rate of the CBA unchanged, at 7.5 percent.
There was 1.2 percent of deflation in February of 2014, compared with 0.4 percent of deflation recorded in the same month of the previous year, with the 12-month inflation having amounted to 4.6 percent in late February. In the coming months, the Board considers, the 12-month inflation rate will continue to decline and rest closer...