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Publications

ON SETTING INTEREST RATES OF THE MONETARY POLICY INSTRUMENTS OF THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA, ON THE MONETARY POLICY COMMUNICATION, AND ON APPROVING THE PERIODICAL "MONETARY POLICY REPORT FOR THE FOURTH QUARTER OF 2025 2025-12-16 13:05

B O A R D  O F  T H E  C E N T R A L  B A N K O F  T H E  R E P U B L I C  O F  A R M E N I A R E S O L U T I O N 16 December 2025, No. 213 L ON SETTING INTEREST RATES OF THE MONETARY POLICY INSTRUMENTS OF THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA, ON THE MONETARY POLICY COMMUNICATION, AND ON APPROVING THE PERIODICAL "MONETARY POLICY REPORT FOR THE FOURTH QUARTER OF 2025 (MONETARY POLICY PROGRAM FOR THE FOURTH QUARTER OF 2025)"    Based...

Policy rate has been reduced by 25 basis points 2025-12-16 12:04

At its December 16, 2025 meeting, the Board of the Central Bank of Armenia decided...

ON REGISTERING THE CHANGE IN THE MANAGEMENT COMPOSITION OF “ARARATBANK” OPEN JOINT-STOCK COMPANY 2025-12-10 14:18

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N     10 December 2025 No. 1/466 A  ON REGISTERING THE CHANGE IN THE MANAGEMENT COMPOSITION OF “ARARATBANK” OPEN JOINT-STOCK COMPANY  Pursuant to Point "g1" of Part 4 of Article 18 of the Law of the Republic of Armenia “On the Central Bank of the Republic of Armenia”, Part 2 of...

ON REGISTERING THE BOND PROGRAM PROSPECTUS OF “FREE STYLE” LIMITED LIABILITY COMPANY 2025-12-10 14:16

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N     10 December 2025 No. 1/465 A ON REGISTERING THE BOND PROGRAM PROSPECTUS OF “FREE STYLE” LIMITED LIABILITY COMPANY  On 20 November 2025, “FREE STYLE” LLC submitted to the Central Bank of the Republic of Armenia an application for registration of the nominal, coupon bond program...

ON SUSPENDING THE 30-DAY TIME LIMIT FOR THE REVIEW OF THE PETITION FOR GRANTING PERMISSION FOR NON-PUBLIC INVESTMENT FUND MANAGEMENT TO “FIM” LIMITED LIABILITY COMPANY 2025-12-10 14:14

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N     8 December 2025 No. 1/464 A  ON SUSPENDING THE 30-DAY TIME LIMIT FOR THE REVIEW OF THE PETITION FOR GRANTING PERMISSION FOR NON-PUBLIC INVESTMENT FUND MANAGEMENT TO “FIM” LIMITED LIABILITY COMPANY   Pursuant to Part 3 of Article 2 and Point "g1" of Part 4 of Article 18 of the Law of the...

ON SUSPENDING THE 30-DAY TIME LIMIT FOR THE REVIEW OF THE PETITION FOR GRANTING PERMISSION FOR NON-PUBLIC INVESTMENT FUND MANAGEMENT TO “SMART OFFERS” CLOSED JOINT-STOCK COMPANY 2025-12-10 14:08

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N     8 December 2025 No. 1/463 A  ON SUSPENDING THE 30-DAY TIME LIMIT FOR THE REVIEW OF THE PETITION FOR GRANTING PERMISSION FOR NON-PUBLIC INVESTMENT FUND MANAGEMENT TO “SMART OFFERS” CLOSED JOINT-STOCK COMPANY   Pursuant to Part 3 of Article 2 and Point "g1" of Part 4 of Article 18 of the...

Governance audits in central banks: The CBA experience 2025-12-10 12:12

Central Bank of Armenia Governance audits in central banks: The CBA experience  Discussion paper DP-2025-02 Azat Gabrielyan, Anna Hakobyan and Karine...

List established under UNSC resolution was changed 2025-12-10 11:50

Committee established pursuant to the UN Security Council resolution resolution 1518 approved changes to the list of individuals and entities associated with...

ON REMOTE PARTICIPATION BY FOREIGN PARTICIPANTS IN THE REGULATED SECURITIES MARKET 2025-12-10 09:28

B O A R D  O F  T H E  C E N T R A L  B A N K O F  T H E  R E P U B L I C  O F  A R M E N I A O F F I C I A L  C L A R I F I C A T I O N  18 November 2025, No. 2  ON REMOTE PARTICIPATION BY FOREIGN PARTICIPANTS IN THE REGULATED SECURITIES MARKET   Publication date` 25.11.2025   Taking into account the insufficient clarity and diverse perceptions of Article 118, Part 1 of the Law of the Republic of Armenia "On the...

Silent runs in a dollarized banking system: Depositor-level evidence from financial and geopolitical shocks 2025-12-09 16:11

Central Bank of Armenia Silent runs in a dollarized banking system: Depositor-level evidence from financial and geopolitical shocks  Working paper WP-2025-06 Tatul Hayruni, Mane Pirumyan, Aleksandr...

ON INTRODUCING AMENDMENTS TO DECISION NO. 1/544 L OF THE GOVERNOR OF THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA DATED 3 AUGUST 2016 2025-12-08 17:40

G O V E R N O R O F T H E C E N T R A L B A N K O F T H E R E P U B L I C O F A R M E N I AD E C I S I O N 8 December 2025 No. 1/462 Լ ON INTRODUCING AMENDMENTS TO DECISION NO. 1/544 L OF THE GOVERNOR OF THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA DATED 3 AUGUST 2016 For the purpose of ensuring the replacement of Message Type (MT) messages used in the "Electronic Payments System" of the Central Bank of the Republic of Armenia with ISO 20022 standard "MX" messages, establishing measures and...

ON MAKING CHANGES IN THE COMPOSITION OF THE BOARD OF TRUSTEES OF “CENTER FOR ECONOMIC EDUCATION AND RESEARCH SUPPORT” FOUNDATION 2025-12-08 17:31

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N     8 December 2025  No. 1/461 A  ON MAKING CHANGES IN THE COMPOSITION OF THE BOARD OF TRUSTEES OF “CENTER FOR ECONOMIC EDUCATION AND RESEARCH SUPPORT” FOUNDATION  Pursuant to Part 3 of Article 2 and Point "g1" of Part 4 of Article 18 of the Law of the Republic of Armenia “On the...

ON REGISTERING THE SUPPLEMENT TO THE BOND PROGRAM PROSPECTUS OF “TEAM HOLDING” CLOSED JOINT-STOCK COMPANY 2025-12-08 11:02

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N      8 December 2025  No. 1/460 A  ON REGISTERING THE SUPPLEMENT TO THE BOND PROGRAM PROSPECTUS OF “TEAM HOLDING” CLOSED JOINT-STOCK COMPANY  On 3 December 2025, “TEAM HOLDING” CJSC submitted to the Central Bank of the Republic of Armenia an application for registration...

ON REGISTERING THE SUPPLEMENT TO THE BOND PROGRAM PROSPECTUS OF “ARMSWISSBANK” CLOSED JOINT-STOCK COMPANY 2025-12-05 17:27

G O V E R N O R  O F  T H E  C E N T R A L  B A N K  O F   T H E  R E P U B L I C  O F  A R M E N I A D E C I S I O N      5 December 2025  No. 1/455 A  ON REGISTERING THE SUPPLEMENT TO THE BOND PROGRAM PROSPECTUS OF “ARMSWISSBANK” CLOSED JOINT-STOCK COMPANY  On 28 November 2025, “ARMSWISSBANK” CJSC submitted to the Central Bank of the Republic of Armenia an application for registration...

The IMF has approved a new 36-month Stand-By Arrangement (SBA) of SDR 128.8 million (about US$175 million) for Armenia 2025-12-03 21:05

The IMF has approved a new 36-month Stand-By Arrangement (SBA) of SDR 128.8 million (about US$175 million) for Armenia. The arrangement supports continuity in reforms, preserves macroeconomic stability, and provides insurance against external...

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