Reports

Publications
Reports

Inflation report 2013/3 (Monetary Policy Program Q3 2013, Status report on Implementation of the Monetary Policy Program Q2 2013) 2013-08-13 18:50

Executive summary The second quarter of 2013 was remarkable for high inflationary environment determined by events (heavy hails and partly postponed vegetation period) in agriculture as well as some rise in service prices that time. As a result, the 12-month inflation rate in end-June was 6.5%, above the upper bound of the confidence band. Moreover, during the quarter the 12-month inflation went an up-sloping path, from 4.2% in the previous quarter to 5.5%, which was mainly due to the rise in...

Statistical overview (June. 2013) 2013-08-09 11:13

Statistical overview The “CBA Bulletin” monthly of the Central Bank of Armenia has a section Monetary Overview which contains information on monetary, external, fiscal and real sectors, and data on payment and settlement system and the main financial system ratios. The source of information on real sector (excluding core inflation) and external trade is the National Statistics Service of Armenia (http://www.armstat.am). The source of information on fiscal, external sectors...

Statistical overview (May. 2013) 2013-07-15 11:12

Quarterly review (first quarter, 2013) 2013-06-24 23:18

Financial System of the Republic of Armenia in Q1, 2013 Banks functioning in the Republic of Armenia As of 31.03.2013, there were 21 commercial banks with a total of 476 branch offices, and a development bank (All-Armenian Bank), functioning in the territory of the Republic of Armenia. In the period under review the banking sector has been active enough in the lending market. Total capital of commercial banks In the first quarter of 2013 total capital of the banking sector grew by...

Statistical overview (April. 2013) 2013-06-06 11:09

Inflation report 2013/2 (Monetary Policy Program Q2 2013, Status report on Implementation of the Monetary Policy Program Q1 2013) 2013-05-31 18:29

Executive summary The potential of economy further trended upward in Armenia in the first quarter of 2013, reflecting persistently strong economic activity, under which circumstance the growth is expected in the range of 7.4-7.7 percent in the first quarter of 2013. Strong growths in industry and services remain an important contribution to the strengthening of economy potential. The Central Bank intended to adjust the growth potential estimation upside. However, taking into consideration the...

Statistical Bulletin of the CBA 2012 2013-05-30 14:21

Statistical Bulletin of the Central Bank of Armenia is an annual periodical that presents data on monetary, fiscal, external and real sectors as well as main indicators of financial organizations and of the payment and settlement system. Description of data contained in this Statistical Bulletin is presented in the section Methodological notes....

Statistical overview (March. 2013) 2013-05-06 11:07

Financial Stability Report (2012 annual report) 2013-04-30 17:58

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:...

Financial System of Armenia. Development, Regulation, Supervision 2012 2013-04-30 15:59

Introduction In 2012 world economy did not wholly leave the dangerous crisis zone. Nevertheless, macroeconomic stability in Armenia in 2012 was maintained to ensure favorable environment for positive economic developments in coming years. The Central Bank succeeded in stabilizing the inflation within target range through targeted policy and creation of positive public expectations on inflation. In 2012 the inflation was 3.2 percent. Stabilization of macroeconomic environment had positive...

Statistical overview (February. 2013) 2013-04-12 11:05

Collector coins of the Republic of Armenia-2012 2013-04-02 14:35

Dear readerThe annual journal "Collector Coins of the Republic of Armenia 2012" presents the collector coins issued by the Central Bank of Armenia in 2012 on occasion of important celebrations and events of the year.The year 2012 was full of landmark events at both international and local levels. Armenia's capital Yerevan was proclaimed the 12th International Book Capital, and in the timespan from April 22, 2012 to April 22, 2013 large-scale measures and festivities were held not only in...

Annual report 2012 2013-04-02 10:18

Chairman's message Dear Reader, This is our Annual Report for 2012. It provides an inclusive account on how we maintained price and financial stability as well as summarizes the results of other important tasks set before the 2 Central Bank during that past year. The year was successful in terms of both price stability and financial sustainability. One of the most important achievements of the 2012 was that we maintained macroeconomic stability which created a favorable environment for...

Quarterly review (fourth quarter, 2012) 2013-03-21 17:42

Financial System of the Republic of Armenia in Q4, 2012 Banks functioning in the Republic of Armenia As of 31.12.2012, there were 21 commercial banks with a total of 477 branch offices, and a development bank (All-Armenian Bank), functioning in the territory of the Republic of Armenia. In the period under review the banking sector posted an increment in main prudential indicators.In the course of 2012, the total capital to GDP ratio and the loans to economy (lease and factoring...

Statistical overview (January. 2013) 2013-03-04 11:03