The Monetary Policy Program of the Republic of Armenia Q1, 2009
2009-03-27 21:55
(2009/1) Performance and Developments in 4th Quarter of 2008
Inflation was 0.9% in the fourth quarter of 2008, while 12-month inflation fell by 6.1 percentage points over the previous quarter to reach 5.2%. Starting from Q2 2007 until Q3 2008 tightening of the monetary conditions by the CBA, together with the passthrough of the external sector deflationary environment impact in Q4 2008 allowed achieving the 4±1.5% inflation target.
Given the inflation developments in Q4 2008, CBA...
The Monetary Policy Program of the Republic of Armenia Q4, 2008. Inflation report
2009-02-20 15:34
(2008/4) Dear Reader,
The new articles 6 and 17 of the Republic of Armenia Law on Central Bank, which have become effective since January 1, 2008, require a change in the format and structure of reports which the Central Bank presents.Previously, the Annual Report of the Central Bank used to contain reports on inflation and financial stability, financial accounts of the Central Bank, the report on governance, and a statistical appendix.Now, according to the new requirement, the quarterly...
Statement of financial position as at 31 December 2008
2008-12-31 11:16
Statement of financial position as at 31 December...
The Monetary Policy Program of the Republic of Armenia Q3, 2008. Inflation report
2008-11-07 14:06
(2008/3)Dear Reader,
The new articles 6 and 17 of the Republic of Armenia Law on Central Bank, which have become effective since January 1, 2008, require a change in the format and structure of reports which the Central Bank presents.Previously, the Annual Report of the Central Bank used to contain reports on inflation and financial stability, financial accounts of the Central Bank, the report on governance, and a statistical appendix. Now, according to the new requirement, the quarterly...
Statement of financial position as at 30 September 2008
2008-09-30 12:07
Statement of financial position as at 30 September...
Statement of financial position as at 30 June 2008
2008-06-30 12:12
Statement of financial position as at 30 June...
Financial System of Armenia. Development, Regulation, Supervision 2007
2008-05-30 14:01
Introduction
In 2007, positive developments continued in the financial system of Armenia. Bank assets accounted for about 92% of total financial system assets. The strong macroeconomic performance of recent years was sustained in 2007, positively influencing the banking system. Bank lending to all the sectors of the economy grew, despite lending seasonality patterns of recent years. As in 2006, mortgage lending grew faster (125%) than other types of lending in 2007. Consumer lending grew the...
Statistical Bulletin of the CBA 2007
2008-05-30 13:48
Statistical Bulletin of the Central Bank of Armenia includes macroeconomic, fiscal and monetary data, as well as main indicators and prudential standards of the Armenian banking system and data on payment and settlement system. The source of data on real and external sectors is the National Statistics Service of Armenia. The source of data on fiscal, monetary and financial statistics is the Central Bank of Armenia.
The monetary and financial statistics include data on international reserves,...
Financial Stability Report (2007 annual report)
2008-05-05 08:58
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:...
Annual report 2007
2008-04-21 12:43
2007 Annual Financial Statements of the Central Bank of the Republic of Armenia
According to Article 17 of the Law on the Central Bank of the Republic of Armenia, the Central Bank of the Republic of Armenia (the CBA) hereby presents to the National Assembly of the Republic of Armenia the financial statements as of and for the year ended 31 December 2007, including the balance sheet, the income statement, the cash flow statement, the statement of changes in equity and the notes to the financial...
The Monetary Policy Programm of the Republic of Armenia 2008
2008-03-28 15:00
Principles of monetary policy
In 2008, the Central Bank of Armenia (the CBA) will continue the transition to a fully-fledged inflation targeting strategy. According to the Republic of Armenia Law on the Central Bank, the primary objective of the CBA is to ensure price stability: this is how the CBA contributes to an economic policy of attaining strong and sustainable growth in the long run. Given the current inflationary macro-environment in the Armenian economy and the expectations that...
The Monetary Policy Program of the Republic of Armenia 2008/4 (Inflation Report)
2008-02-12 10:25
2008/4 Dear Reader,
The new articles 6 and 17 of the Republic of Armenia Law on Central Bank, which have become effective since January 1, 2008, require a change in the format and structure of reports which the Central Bank presents.
Previously, the Annual Report of the Central Bank used to contain reports on inflation and financial stability, financial accounts of the Central Bank, the report on governance, and a statistical appendix.
Now, according to...
Statement of financial position as at 30 September 2007
2007-09-30 12:22
Statement of financial position as at 30 September...
Financial System of Armenia. Development, Regulation, Supervision 2006
2007-07-30 14:18
Introduction
On January 1, 2006, the Republic of Armenia Central Bank undertook to regulate and supervise the financial sector of Armenia. Worldwide, financial system developments have entailed convergence of banking, insurance, and securities trading. Supervision of common financial market risks was the main reason for creating a unified supervisory body. It had become necessary to perform complex supervision of financial market development trends, to assess risks typical of different...
Statement of financial position as at 30 June 2007
2007-06-30 12:33
Statement of financial position as at 30 June...