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Press releases

3 collector coins were issued 2020-03-05 11:05

3 collector coins were issued Khrimyan Hayrik-200 (silver) Mkrtich I Vanetsi Khrimyan (Khrimyan Hayrik, 1820-1907) is a public, political and cultural figure, Catholicos of All Armenians since 1893. He received informal education at parochial schools on Lim and Ktuts islands in Lake Van (Vaspourakan Province, Western Armenia). He founded Armenian periodicals “Artsvi Vaspourakan” (1855) and “Artsvik Tarono” (1863), and established Zharangavorats schools (schools for...

Refinancing Rate Set at 5.5 percent 2020-01-24 06:07

Refinancing Rate Set at 5.5% In the January 24, 2020 meeting, the Board of the Central Bank of Armenia (CBA) decided to leave the refinancing rate unchanged, 5.5%. There was 1.3% inflation in December of 2019 compared to that of 1.5% registered in the same period last year, with the 12-month inflation rate amounting to 0.7% for the year. Determined by reduced economic uncertainty in the external sector and the factors of supply of certain raw materials and food products, there has been some...

“Yerevan-2800” silver collector coin took the III place 2020-01-24 04:59

“Yerevan-2800” silver collector coin took the III place “Yerevan-2800” silver collector coin issued by the Central Bank of Armenia in 2018, took the III place in the nomination “Coin of the Year” in the contest “Coin Constellation-2019” held in Russian Federation. “Coin Constellation-2019” accepted more than 220 collector of 2018 year of issue, which were presented by 33 organizations from 22 countries. The winners of the contest...

The Board of the CBA left the refinancing rate unchanged 5.5 percent 2019-12-10 06:42

The Board of the CBA left the refinancing rate unchanged 5.5% In the December 10, 2019 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at 5.5%. There was 1.1% inflation in November of 2019 compared to that of 1.0% registered in the same period of the previous year, and the 12-month inflation rate remained almost unaltered, reaching 1.0% at the end of the month. In the external sector, some reducing of economic uncertainties was observable,...

The Board of the CBA left the refinancing rate unchanged 5.5 percent 2019-10-29 06:40

The Board of the CBA left the refinancing rate unchanged 5.5% In the October 29, 2019 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at 5.5%. There was 0.2% inflation in September of 2019 compared to that of 0.3% registered in the same period of the previous year, and the 12-month inflation rate remained almost unaltered, reaching 0.5% at the end of the month. Core inflation continues to run above headline inflation, amounting to up 1.1%. In...

«Centenary of Foundation of the History Museum of Armenia» collector coin is issued 2019-09-19 13:29

«Centenary of Foundation of the History Museum of Armenia» collector coin is issued The History Museum of Armenia (HMA) was founded in accordance with law №439 adopted on September 9, 1919 by the Parliament of the first Republic of Armenia. The HMA started on the basis of collections of the Armenian Ethnographical Association of the Caucasus, Nor Nakhijevan Museum of Armenian Antiquities, Museum of Antiquities of Ani, Vagharshapat Repository of Ancient Manuscripts. The first...

Set of fake silver collector coins dedicated to 80 years of death of Teodor Axentowicz is currently on sale on eBay 2019-09-17 13:08

Set of fake silver collector coins dedicated to 80 years of death of Teodor Axentowicz is currently on sale on eBay The Central Bank of Armenia informs that a set of silver collector coins dedicated to 80 years of death of Teodor Axentowicz, a Polish painter of Armenia origin, is currently on sale on eBay. The set consists of 9 coins, each of which depicts the coat of arms of the Republic of Armenia and its face value 100 dram, and has inscriptions in Armenian. The Central Bank of Armenia is...

«Five Years of Eurasian Economic Union» collector coin is issued 2019-09-12 13:38

«Five Years of Eurasian Economic Union» collector coin is issued The Treaty on the Eurasian Economic Union (EAEU) came into force on January 1, 2015. The EAEU member-states are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic and the Russian Federation. This jubilee year of 2019 marks the 5th anniversary of signing the EAEU Treaty and the 25th anniversary of envisioning the idea of Eurasian integration. In 2019, the regular meeting...

The Board of the CBA lowered the refinancing rate by 0.25 percent 2019-09-10 06:39

The Board of the CBA lowered the refinancing rate by 0.25% In the September 10, 2019 meeting the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 pp to 5.5%. There was 0.4% deflation in August of 2019 as opposed to 0.6% inflation registered in the same period of the previous year, which continued to be largely driven by a deeper seasonal decline in prices of agricultural products. As a result, the 12-month inflation rate further reduced, reaching 0.6% at the...

125th anniversary of Admiral Isakov’s birth collector coin is issued 2019-08-23 05:29

125th anniversary of Admiral Isakov’s birth collector coin is issued Admiral Isakov (born Hovhannes Ter-Isahakyan 1894-1967) is a famous Armenian military commander, Soviet Union Navy Admiral (1955), Hero of the Soviet Union (1965). Isakov graduated from the Tiflis realschule in 1913. In 1917 he left the Naval Guards School of Petrograd and in 1928 completed the excellence courses at the Naval Academy of Leningrad. The greater part of Isakov’s life was dedicated to service in the...

The Board of the CBA left the refinancing rate unchanged 5.75 percent 2019-07-30 06:37

The Board of the CBA left the refinancing rate unchanged 5.75% In the July 30, 2019 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at a 5.75% level. There was 1.9% deflation in June of 2019 compared with that of 1.6% registered in the same period of the previous year, in which case the 12-month inflation has reduced to 2.5%, determined by a much deeper seasonal fall in prices of agricultural products. In the meantime however, core inflation...

The Board of the CBA left the refinancing rate unchanged 5.75 percent 2019-06-11 06:30

The Board of the CBA left the refinancing rate unchanged 5.75% In the June 11, 2019 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at a 5.75% level. There was 0.4% deflation in May of 2019 compared with that of 1.0% recorded in the same period of the previous year, in which case the 12-month inflation has increased, amounting to 2.8% at the end of the month, determined by a seasonal rise in prices of some agricultural products.  In the...

The Board of the CBA left the refinancing rate unchanged 5.75 percent 2019-04-30 06:29

The Board of the CBA left the refinancing rate unchanged 5.75% In the April 30, 2019 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at a 5.75% level. There was 0.1% inflation in March of 2019, as much as in the same period of the previous year, in which case the 12-month inflation rate remained unchanged, 1.9%. The core inflation rate behaved similarly steady, amounting to 0.2% in March, while for a 12-month period it stayed on a 1.3% level,...

High-level roundtable tackles sustainable 2019-04-05 07:16

High-level roundtable tackles sustainable financing for entrepreneurs in Armenia  EFSE and Central Bank of Armenia gather financial sector players to drive financial inclusion for local businesses Luxembourg and Yerevan, 5 April 2019 – The European Fund for Southeast Europe (EFSE) teamed up with the Central Bank of Armenia (CBA) yesterday to hold the first Bankers’ Roundtable on Sustainable Financing for Entrepreneurs in Yerevan. The gathering of influential bank executives...

150th anniversary of Galouste Gulbenkian’s birth collector coin is issued 2019-03-22 07:51

150th anniversary of Galouste Gulbenkian’s birth collector coin is issued Galouste Gulbenkian (1869-1955), a renowned Armenian businessman and philanthropist, was the leading authority in the oil industry at the beginning of the 20th century and one of the most influential figures in oil diplomacy. He had good knowledge of oil reserves of Mesopotamia and dealt with oil exporting. In 1930 he was elected as president of the Armenian General Benevolent Union in Paris. According to...

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