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Reports

Financial Stability Report (2019 annual report) 2020-05-08 12:01

This Financial Stability Report presents an assessment of potential risks that could threaten the stability of the Republic of Armenia's financial system as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia’s macroeconomic environment is available in the Status Report on Monetary Policy Implementation. Previous publications of the Financial Stability Report are available on the official website of the Central Bank of Armenia:...

Collector coins of the Republic of Armenia-2019 2020-05-06 17:39

Dear reader, We are pleased to present our annual journal of the “Collector Coins of the Republic of Armenia”, which is dedicated to the coins issued by the Central Bank of Armenia in 2019. The year was outstanding for a number of historic events and anniversary celebrations of prominent Armenians. In 2019, the Central Bank of Armenia issued collector coins to mark the 150th anniversary of two great Armenians _ Hovhannes Tumanyan and Komitas. These anniversaries virtually deserve...

Statistical overview (April. 2020) 2020-04-30 14:50

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

Annual report 2019 2020-04-28 07:58

Governor's address Dear reader, This is the annual report of the Central Bank of the Republic of Armenia for 2019. In 2019 the Central Bank ensured the main goals of price and financial stability, further contributing to the macroeconomic stability. Maintaining price stability strengthened, during the year. Inflation remained low, at 0.7 percent at the end of the year. Low inflation has contributed to anchoring of inflation expectations and more confidence in the national currency, and steady...

Statement of financial position as at 31 March 2020 2020-03-31 11:06

Statement of financial position as at 31 March...

Inflation report 2020/1 (Monetary Policy Program Q1, 2020, Status report on Implementation of the Monetary Policy Program Q4, 2019) 2020-03-31 07:53

Executive summary The outbreak of COVID-19 in China, the resultant coronavirus pandemic spreading rapidly around the world and the measures taken to fight it have significantly affected the macroeconomic and financial market developments both globally and in Armenia. The forecasts and program directions for the first quarter 2020 were, therefore, carried out in the time of uncertainty - even greater in terms of quality and quantity - in contrast to the previous quarters. The Armenian economy...

Statistical overview (March. 2020) 2020-03-30 14:48

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

Status Report on Implementation of the Monetary Policy Program (Q1, 2019 - Q4, 2019) 2020-02-28 22:20

(2019/4) Status Report on Implementation of the Monetary Policy Program (Q1, 2019 - Q4,...

Statistical overview (February. 2020) 2020-02-28 14:46

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

Statistical overview (January. 2020) 2020-01-30 14:42

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

Statement of financial position as at 31 December 2019 2019-12-31 11:16

Statement of financial position as at 31 December...

Statistical overview (December. 2019) 2019-12-30 16:40

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2019 year, 2019-12-30 15:40

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2019...

Inflation report 2019/4 (Monetary Policy Program Q4, 2019, Status report on implementation of the Monetary Policy Program, Q3, 2019) 2019-12-23 17:13

The low inflation environment persisted over the fourth quarter of 2019, and the Central Bank of the Republic of Armenia (the Central Bank) continued carrying out an expansionary monetary policy. In view of the current monetary policy and expected economic developments, the 12-month inflation will be running at a low level for a while; at the end of 2019 it will be in the range of 0.8-1.2%. On the back of the current macro-environment, the Central Bank prefers to inflation recovering gradually...

Statistical overview (November. 2019) 2019-11-30 16:38

Statistical overview The Statistical Overview section of the monthly CBA Bulletin of the Central Bank of Armenia includes data on monetary, external, fiscal and real sectors, and data on RA payment and settlement system and financial system indicators. The data source of real sector (excluding core inflation) and external trade in goods is the Statistical Committee of the Republic of Armenia (http://www.armstat.am). The data source on fiscal, external sectors, monetary and financial...

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