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Reports

Statistical overview (September. 2018) 2018-11-09 17:01

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...

Financial Stability Report (2018 1st half) 2018-10-26 15:19

This Financial Stability Report presents an assessment of potential risks that could threaten the stability of financial system of the Republic of Armenia as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia's macroeconomic environment and financial system analyses is available in the Central Bank's periodicals, such as Annual Report of the Central Bank, Status Report on Monetary Policy Implementation and Armenian Financial System:...

Statistical overview (August. 2018) 2018-10-17 16:59

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 30 September 2018 2018-09-30 12:16

Statement of financial position as at 30 September...

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2018 year, III quarter 2018-09-30 10:11

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2018 year, III...

Inflation report 2018/3 (Monetary Policy Program Q3, 2018, Status report on Implementation of the Monetary Policy Program Q2, 2018) 2018-08-27 17:52

Executive summary In the second quarter of 2018 inflation slowed down to a certain extent, driven by the fall in prices of seasonal products. However, under current monetary policy, the 12-month inflation rate is expected to increase over the second half of the year, remaining within the confidence band; in the forecast horizon it will stabilize around the 4% target. Positive developments in the macroeconomic environment carrying on in the short run will largely facilitate the fulfilment of...

Statistical overview (June. 2018) 2018-08-08 16:56

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 (May. 2018) 2018-07-09 16:54

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...

Financial System of Armenia. Development, Regulation, Supervision 2017 2018-07-03 08:50

Introduction The financial system expanded the volume and scope of financial intermediation in 2017 in light of emerging trends of economic recovery and external sector income stabilization. The financial system intermediation indicators - the asset-to-GDP and the loan-to-GDP ratios - were 89.1% and 49.8%, respectively. The largest player within the financial system - the banking system - achieved significant growth in the key balance sheet indicators. The aggregate indicators of credit...

Statement of financial position as at 30 June 2018 2018-06-30 12:56

Statement of financial position as at 30 June...

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2018 year, II quarter 2018-06-30 10:37

INFORMATION On the Structure of International Reserves of the Republic of Armenia 2018 year, II...

Inflation report 2018/2 (Monetary Policy Program Q2, 2018. Status report on implementation of the Monetary Policy Program, Q1, 2018) 2018-05-29 17:41

Executive summary Inflation slowed down to a certain extent in the first quarter of 2018, driven by the fall in prices of seasonal products. However, under current monetary policy, inflation will continue expanding over 2018, fluctuating within the confidence band; in the forecast horizon it will stabilize around the target. Positive developments in the macroeconomic environment expected in the short run will largely facilitate the fulfilment of the 12-month inflation target, owing to...

Statistical overview (March. 2018) 2018-05-23 16:50

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...

Financial Stability Report (2017 annual report) 2018-05-15 13:22

This Financial Stability Report presents an assessment of potential risks that could threaten the stability of financial system of the Republic of Armenia as well as the capacity of the financial system to absorb such risks. More detailed information on Armenia's macroeconomic environment and financial system analyses is available in the Central Bank's periodicals, such as Annual Report of the Central Bank, Status Report on Monetary Policy Implementation and Armenian Financial System:...

Annual report 2017 2018-04-27 07:15

Chairman's message Dear reader, This annual report of the Central Bank of the Republic of Armenia provides an overview of the main developments of the Bank’s activity for 2017, namely the results of the policy carried out to maintain price and financial stability. In a low inflation environment in 2017, the Bank continued implementing a contractionary monetary policy. The refinancing rate fell to 6.0 percent and remained at that level until the end of the year. A low policy rate of the...

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