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Publications

Registering the Changes to the Structure of the Managers of “EasyPay” Payment and Settlement Organization, a Limited Liability Company 2025-03-19 17:14

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION  March 19, 2025  No. 1/90 A  Registering the Changes to the Structure of the Managers of “EasyPay” Payment and Settlement Organization, a Limited Liability Company   In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 22 of the Republic of Armenia Law “On Payment Systems and Payment and...

Registering the Change to the Structure of the Managers of “Nairi Insurance”, an Insurance Limited Liability Company 2025-03-19 17:12

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION  March 19, 2025  No. 1/89 A  Registering the Change to the Structure of the Managers of “Nairi Insurance”, an Insurance Limited Liability Company    In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 51 (3) of the Republic of Armenia Law “On Insurance and Insurance Activities”, and...

Registering Changes and Supplements to the Rules RL 1-010 “Guarantee Fund Rules” of “Armenian Motor Insurers’ Bureau”, a Non-Governmental Organization 2025-03-19 17:02

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION  March 19, 2025  No. 1/88 A  Registering Changes and Supplements to the Rules RL 1-010 “Guarantee Fund Rules” of “Armenian Motor Insurers’ Bureau”, a Non-Governmental Organization  In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 37 (2) of the Republic of Armenia Law “On...

Registering the Program Prospectus for Nominal Coupon Bonds of “Natali Farm” a Limited Liability Company 2025-03-19 16:59

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  March 19, 2025  No. 1/87 A  Registering the Program Prospectus for Nominal Coupon Bonds of “Natali Farm” a Limited Liability Company Whereas on March 10, 2025 “Natali Farm”, a Limited Liability Company, submitted an application to the Central Bank of the Republic of Armenia for registration of a program prospectus for nominal, coupon, non-documentary bonds with a face value...

Registering “Ashtarak” Representative Office of “Arfin” Universal Credit Organization, a Limited Liability Company 2025-03-19 16:56

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION  March 19, 2025 No. 1/86 A Registering “Ashtarak” Representative Office of “Arfin” Universal Credit Organization, a Limited Liability Company    In view of Article 2 (3) and Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 7 (3) of the Republic of Armenia Law “On Credit...

Registering the Changes to the Structure of the Managers of “Kamurj” Universal Credit Organization, a Closed Joint-Stock Company 2025-03-19 16:52

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION March 19, 2025 No. 1/85 A Registering the Changes to the Structure of the Managers of “Kamurj” Universal Credit Organization, a Closed Joint-Stock Company  In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 92 of the Republic of Armenia Law “On Credit Organizations”, and Paragraph 133 and Paragraph...

Introducing Changes to the Central Bank of the Republic of Armenia Governor Decision No. 1/65A, dated February 26, 2025 2025-03-19 15:45

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  March 19, 2025   No. 1/84 A  Introducing Changes to the Central Bank of the Republic of Armenia Governor Decision No. 1/65A, dated February 26, 2025    In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Whereas there arose a need to clarify the circumstance that the changes introduced to the...

Introducing Changes to the Central Bank of the Republic of Armenia Governor Decision No. 1/64A, dated February 26, 2025 2025-03-19 15:41

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  March 19, 2025 No. 1/83 A  Introducing Changes to the Central Bank of the Republic of Armenia Governor Decision No. 1/64A, dated February 26, 2025   In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Whereas there arose a need to clarify the circumstance that the changes introduced to the rules registered under...

(2025/1) 2025 Q1 Monetary Policy Report Monetary Policy Program 2025-03-18 11:24

Global Economy In Q1 2025, economic activity among Armenia’s main trading partners has been mixed. In the US, the strong economic growth and wealth accumulation observed in recent quarters create preconditions for continued expansion driven by consumption. However, uncertainty surrounding economic policy outlooks in recent months may restrain private demand in the near future. In Russia, high economic activity persists, largely supported by strong domestic consumption, particularly...

Setting the Interest Rates of Monetary Policy Instruments of the Central Bank of the Republic of Armenia; Approving the Executive Monetary Policy Statement and the Periodical “Monetary Policy Report for the First Quarter of 2025” 2025-03-18 11:15

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION March 18, 2025; No. 45 L  Setting the Interest Rates of Monetary Policy Instruments of the Central Bank of the Republic of Armenia; Approving the Executive Monetary Policy Statement and the Periodical “Monetary Policy Report for the First Quarter of 2025 (Monetary Policy Program for the First Quarter of 2025)”  In view of Article 2 (3), Article 6, Article 17 (4), Article 20 (1) (“c”...

Granting Consent to the General Terms and Conditions for Lending to be Provided by “Gnuni Gravatun” Pawnshop, a Limited Liability Compan 2025-03-17 16:48

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA  GOVERNOR DECISION  March 17, 2025  No. 1/82 A  Granting Consent to the General Terms and Conditions for Lending to be Provided by “Gnuni Gravatun” Pawnshop, a Limited Liability Compan    In view of Article 2 (3) and Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 5 (4) of the Republic of Armenia Law “On...

Registering the Changes to the Structure of the Managers of “Aregak” Universal Credit Organization, a Closed Joint-Stock Company 2025-03-17 15:37

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA GOVERNOR DECISION March 17, 2025    No. 1/81 A Registering the Changes to the Structure of the Managers of “Aregak” Universal Credit Organization, a Closed Joint-Stock Company  In view of Article 18 (4) (“g1”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”, and Article 92 of the Republic of Armenia Law “On Credit Organizations”, and Paragraph 133 of...

Introducing a Change to the Republic of Armenia Central Bank Board Resolution No. 138-N, dated May 15, 2007 2025-03-13 16:58

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION March 13, 2025; No. 44-N Introducing a Change to the Republic of Armenia Central Bank Board Resolution No. 138-N, dated May 15, 2007 Publication date` 13.03.2025   For the purpose of aligning the requirements to managers and participants with international standards and increasing the effectiveness of the procedures in use; In view of Article 71 of the Republic of Armenia Law “On Currency Regulation and Currency...

Introducing a Change to the Republic of Armenia Central Bank Board Resolution No. 32-N, dated February 3, 2017 2025-03-13 16:50

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION March 13, 2025; No. 43-N Introducing a Change to the Republic of Armenia Central Bank Board Resolution No. 32-N, dated February 3, 2017 Publication date` 13.03.2025  For the purpose of aligning the requirements to managers and participants with international standards and increasing the effectiveness of the procedures in use; In view of Article 6 of the Republic of Armenia Law “On Pawnshops and Pawnshop...

Introducing Changes and Additions to the Republic of Armenia Central Bank Board Resolution No. 285-N, dated October 25, 2011 2025-03-13 16:33

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION March 13, 2025; No. 42-N Introducing Changes and Additions to the Republic of Armenia Central Bank Board Resolution No. 285-N, dated October 25, 2011 Publication date` 13.03.2025  For the purpose of aligning the requirements to managers of payment and settlement organizations with international standards and increasing the effectiveness of the procedures in use; Pursuant to Article 2 (3) and Article 20 (1) (“e”)...

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