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Կենտրոնական բանկ

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Financial Stability
  • The Importance of Financial Stability
    • The Role of the Financial System in the Economy
    • The Importance of a Stable Financial System
    • Risks to Financial Stability
    • The Central Bank’s Role in Financial Stability
  • Understanding Macro-Prudential Policy and Its Operation
    • The Concept of Macro-Prudential Policy
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  • Strategies for Achieving Financial Stability
    • Conducting Financial Stability Policy in Armenia
    • The macro-prudential policy tools applied in the Armenia
    • Stress Testing
  • The Process of Communicating Decisions
    • Ensuring Transparency in Financial Stability Policy
    • Financial Stability Report
    • CBA Board decisions on financial stability
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  • Core functions
  • Financial Stability
  • The Process of Communicating Decisions
  • CBA Board decisions on financial stability

CBA Board decisions on financial stability

As a rule, the CBA Board discusses financial stability issues every quarter, though more frequent meetings are also possible, depending on circumstances. The meetings are usually devoted to Financial stability report, regular calibration of macroprudential policy tools and other issues, such as major changes in regulations that may be important from Financial stability perspective. The meetings on Financial stability report and on Macro-prudential policy decisions are usually followed by publication of the decision itself, as well as the report or related analytical materials.
During the last meeting on Financial stability issues, which was held on April 22 of this year, the Board decided to leave the rate of Countercyclical capital buffer unchanged at 1.75%. The next meeting on Countercyclical buffer rate decision is expected at 15 July.

Board decisions related to financial stability and Macroprudential policy 

Board decisions on Countercyclical Capital Buffer and related materials

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