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How to use SOAP functions to get information about CBA rates Function description

ABOUT THE CBA

Structure of the CBA

Structure of the CBA

 
 
    Governor
    Mr. Arthur Javadyan Phone  583 841, 592 629 Fax  523 852 Email chairman@cba.am
    Deputy-governors
    Mr. Nerses Yeritsyan Phone 589 611 Fax  523 852 Email nyeritsyan@cba.am
    Mr.Vakhtang Abrahamyan Phone 592 524 Fax 523 852 Email vabrahamyan@cba.am
    Central Bank Board
    Mr. Armenak Darbinyan Phone 592 526 Fax 565 496 Email armenak.darbinyan@cba.am
    Mr. Oleg Aghasyan Phone 580 368 Fax 523 852 Email oleg.aghasyan@cba.am
    Mrs. Hasmik Ghahramanyan Phone 592 552 Fax 523 852 Email hasmik.ghahramanyan@cba.am
    Mr. Artur Stepanyan Phone 522 528 Fax 523 852 Email arthur.stepanyan@cba.am
    Mr. Martin Galstyan Phone 592 614 Fax 583 631 Email martin.galstyan@cba.am
       Internal Audit Department

    Internal Audit Department Tel. (+374 10) 592580 The main tasks of Internal Audit Department are as follows: • Annual planning based on the risk assessment of CBA business processes; • Execution of the audit annual plan by assurance and consulting engagements related to corporate governance, risk management and internal control; • Coordinating the activities of external audit as well as those providing certification and consulting services, and control over the compliance of reported recommendations. Internal Audit Department is comprised of Financial, Operational, and Information Technologies Audit Divisions.

       General Secretariat

    General Secretariat Secretary General Tel. (+374 10) 592600 General Secretariat is comprised of Corporate Services Department, Human Resources Management Department, Internal Services Department, Public Relations Service, International Cooperation and Protocol Service, Visitor Center and Telephone Service. Public Relations Service Tel: (+374 10) 592780 The main tasks of Public Relations Service are as follows: • Providing official information to the public about the CBA policies, • Providing the CBA executive team with daily information distributed in the local and foreign media referring particularly to the financial system, • Providing data about the CBA to foreign information agencies and publications, • The CBA internet home page development as well as updating and regulating the information in the site.

       Human Resources Management Department

    Tel. (+37410) 592630 The main tasks of Human Resources Management Department are as follows: • Developing and implementing human resources management policy, • Planning of the personnel and strategic management of human resources, • Implementing procedures related to staff record-keeping, • Formulating staff development (training and education) policy, identifying training needs, design of training courses, evaluating training effectiveness, • Revealing personal skills of the employees and developing their competencies. Human Resources Management Department is comprised of Human Resources Management Division and Human Resources Records Division.

    Head Mrs. Gayane Khachatryan Phone 592 630 Fax 561 401 Email g_khachatryan@cba.am
       Monetary Policy Department

    Monetary Policy Department Tel. (+374 10) 592890 The main tasks of Monetary Policy Department are as follows: • Development of monetary policy aimed at ensuring price stability, • Conducting macroeconomic analysis and forecasting under the inflation targeting strategy, • Ensuring the transparency and accountability of the Monetary policy, as well as conducting effective communication policy, including Inflation reports, • Expanding and consistently developing the main monetary policy modeling system. Monetary Policy Department is comprised of Monetary and Fiscal Policy Analysis Division, External Sector Analysis and Forecasting Division, Macroeconomic Forecasting Division, Real Sector Analysis and Forecasting Division, Models development division.

       Financial Department

    Financial Department Tel. (+374 10) 592910 The main tasks of Financial Department are as follows: • Implementing monetary policy, • Managing international reserves, • Developing risk evaluation and management methods and approaches and managing risks in the domestic market, • Identifying, evaluating, control and reducing of all types of risks arising in the process of international reserves management. Financial Department is comprised of Monetary Policy Operations Divisions, Foreign Markets Operations Division, Domestic Risks Management Division and International Risks Management Division.

    Head Mr. Arman Potikyan Phone 592 618 Fax 542 583 Email arman.potikyan@cba.am
       Financial Monitoring Center

    Financial Monitoring Center Tel. (+374 10) 545088, 592570 The main tasks of Financial Monitoring Center are as follows: • Implementing efficient mechanisms for combating money laundry and terrorism financing, • Representing Republic of Armenia in the international organizations engaged in the area of combating ML/TF, • Providing the public with information about the negative consequences of ML/TF as well as promoting knowledge development in the area of combating ML/TF. Financial Monitoring Center is comprised of Legal Support Division, Analysis Division, Information Systems Development Division, International Relations Division.

    Head Mr. Daniel Azatyan Phone 545 088 Fax 545 088 Email info@fmc.am
       Financial Supervision Department

    Financial Supervision Department Tel: (+374 10) 567972: The main tasks of Financial Supervision Department are as follows: • Supervision over the activities of financial institutions licensed by the CBA, bodies engaged in public offering of securities in the RA, reporting issuers, • Supervision over payment systems operating in the RA, • Identifying, evaluating and taking measures to minimize risks related to the activities of financial institutions implementing various supervisory tools, • Supervision over financial institutions in the liquidation phase. Financial Supervision Department is comprised of Banks Supervision Divisions, Financial System Competitiveness Analysis Division, Credit Organizations and Pawnshops Supervision Division, Insurance Companies Supervision Division, Information Technologies and Payment and Settlement Companies Supervision, Securities Market Supervision Division, Corporate Finance Division, Foreign Currency Operations Supervision Division, Information Collecting Regulating and Archiving Service.

    Head Mr. Hrant Suvaryan Phone 589 581 Fax 563 134 Email  supervision@cba.am
       Information and Communication Technologies Department

    Information and Communication Technologies Department Tel. (+37410) 592920 The main tasks of Information and Communication Technologies Department are as follows: • Creating and implementing strategy of using and developing information and technologies at the CBA, • Creating, implementing, developing and managing of the CBA intrabank and interbank information and network systems, • Ensuring safe and efficient functioning of the CBA computers software, international payment and other financial systems, the CBA network, electronic communication and other information systems, • Developing and managing data warehouses system at the CBA. Information and Communication Technologies Department is comprised of Application Systems Management First and Second Divisions, IT Infrastructure Division, IT Services Division, Information Systems Development Division, Programming Division, Data Processing and Analysis Division.

    Head Mr. Samvel Arakelyan Phone 542 582 Fax 542 582 Email it@cba.am
       Statistics Department

    Statistics Department Tel. (+374 10) 592560 The main functions of Statistics Department are as follows: • Collecting, compiling and disseminating monetary, financial system, balance of payments, international investment position, and external debt statistics in compliance with international standards and the best practices, • Ensuring accessibility to the timely and accurate statistical data for government agencies, financial market participants, researchers and general public. Statistics Department comprises the following divisions: Monetary and Financial Statistics Division, Data Processing Division, Real Sector Statistics Division, External Sector Statistics Division, Surveys and Analysis Division, Credit Registry.

    Head Mr. Gagik Aghajanyan Phone 592 560 Fax 592 560 Email gagik.aghajanyan@cba.am
       Head of Financial Plannig and Reporting Department

    Head of Financial Plannig and Reporting Department Tel. (+374 10) 565498 The main tasks of Head of Financial Plannig and Reporting Departmentare as follows: • Implementation of CBA accounting in compliance with international standards, • Development of CBA accounting policy, • Preparation of quarterly and annual reports in compliance with international standards, • Planning, implementation, and control of CBA budget. • Preparation of reports on the structure of international reserves of RA. Head of Financial Plannig and Reporting Department is comprised of Budget Implementation Division, Budgeting and Reporting Division.

       The Operating Department

    The Operating Department Tel. (+374 10) 589734 The main tasks of Operating Department are as follows: • Recording and implementing clearing of the financial and investment transactions conducted by the CBA in the internal and external markets, • Servicing the bank accounts of the CBA clients including the RA government, • Establishing correspondent relationships with foreign banks and international organizations, • Making interbank settlements serving as a custodian for government bonds. Operating Department is comprised of Customer Service and Operations Settlement Division, Correspondent Accounts Management and Financial Transactions Division.

    Head Mrs. Haykanush Hakobyan Phone 592 971 Fax 580 634 Email haykanush.hakobyan@cba.am
       Legal Department

    Legal Department Tel. (+374 10) 592950 The main tasks of Legal Department are as follows: • Ensuring the compliance of legal acts enacted by the CBA, as well as conducted transactions and operations with the legislation of the RA, • Legal representation of the CBA in the courts of RA, • Conducting administrative procedures with regard to entities registered and licensed by the Central Bank, • Cooperation with law enforcement bodies, • Legal support of the CBA international cooperation, • Licensing and registration of financial institutions subject to supervision by the CBA, registration and certification of financial institution managers. Legal Department is comprised of Legal Advice and Development Division, Financial Supervision Legal Support Division, Legal Support Division, Licensing and Registration Divisions, Long-term Projects Legal Support Team.

       Financial System Stability and Development Department

    Financial System Stability and Development Department Tel. (+374 10) 592680 The main tasks of Financial System Stability and Development Department are as follows: • Development and further improvement of effective systems for ensuring financial stability in the RA, • Periodical analysis of Armenian and international financial systems development trends and monitoring of financial stability, • Identification and evaluation of existing and possible risks that threaten the stability and development of the RA financial system, • Oversight of payment and securities settlement systems in the RA, • Development and implementation of macroprudential policy, • Conducting research programs aimed at RA financial system development, • Development of conceptual approaches of introduction of new financial institutions, infrastructures, tools, services and technologies as well as their introduction. Financial Stability and Development Department is comprised of Financial Stability Monitoring and Crisis Management Division, Financial System Analysis Division, Financial System Development Division, Payment Systems Oversight Division, Macroprudential Analysis and Modelling Division.

       Money Circulation Department

    Money Circulation Department Tel. (+374 10) 561655, 567423 The main tasks of Money Circulation Department are as follows: • Organizing and regulating cash circulation, managing the CBA money stocks, • Emission of banknotes, • Expertise of banknotes and combating against money counterfeiting, • Cash desk servicing of the CBA clients, sorting and counting the cash. Money Circulation Department is comprised of Money Circulation Regulation and Analysis Division, Currency Emission Division, Banknotes Expertise Division, Cash Operations and Recounting Division, Regional Cash Centers.

    Head Mr. Khachik Khachatryan Phone 589 734 Fax 563 694 Email khachatryankh@cba.am
       Internal Services Department

    Internal Services Department Tel. (+374 10) 592800 The main tasks of Internal Services Department are as follows: • Organization and coordination of CBA procurement processes, • Organization and monitoring of the CBA construction processes and current repair works, • Maintenance and servicing of CBA vehicles, • CBA facilities management, • Servicing of protocol events. Internal Services Department is comprised of Procurement Division, Logistics Division, Building Maintenance and Servicing Division, Vehicle Fleet, CBA Building Management Division.

    Head Mr. Vahagn Khachatryan Phone 592 964 Fax 524 881 Email administrative@cba.am
       Economic Research Department

    Economic Research Department Tel. (+374 10) 592569 The main tasks of Economic Research Department are as follows: • Conducting high-level research on emerging economies aimed at supporting the CBA policymakers as well as improving the reputation of the CBA, • Providing effective consultation in the process of developing monetary policy and financial stability policy, • Researching long-term economic problems, • Revealing and researching structural problems of the economy, • Researching problems on coordination of the CBA main policies. Economic Research Department is comprised of Monetary Policy Analysis Division, Financial Stability Research Division, Special Studies Division.

       Public Relations Service

    Public Relations Service Tel: (+374 10) 592780 The main tasks of Public Relations Service are as follows: • Providing official information to the public about the CBA policies, • Providing the CBA executive team with daily information distributed in the local and foreign media referring particularly to the financial system, • Providing data about the CBA to foreign information agencies and publications, • The CBA internet home page development as well as updating and regulating the information in the site.

    Head Mr. Harutyun Berberyan Phone 563 761 Fax 563 761 Email harutyun.berberyan@cba.am
       Financial System Regulation Department

    Financial System Regulation Department Tel. (+374 10) 592760 The main tasks of Financial System Regulation Department are as follows: • Enacting legislation for ensuring smooth functioning of financial system organizations payment and settlement systems, issuers, collective investment schemes and market infrastructures subject to CBA supervision and regulation, • Developing the RA financial system regulation framework in compliance with international standards and criteria, • Creating,implementing and developing efficient payment system complying with international standards, development of non-cash payments. Financial System Regulation Department is comprised of Banking System Regulation Division, Insurance System Regulation Division, Securities Market Regulation Division, Payment and Settlement System Regulation Division.

       Visitor Centre

    Visitor Center Tel: (+374 10) 592783 The main tasks of Visitor Center are as follows: • Implementation of educational programs concerning CBA activities and functions, • Collecting and preserving of historical material related to cash circulation of historical Armenia, the history of banknotes of Armenia and the history of banking system in Armenia, • Providing the CBA staff and the society with literature on finance and economics via open-access library.

    Head Ms. Zaruhi Barseghyan Phone 592 783 Fax 563 761 Email  info@cba.am
       Dilijan Training and Research Center

    Dilijan Training and Research Center Tel. (374 10) 592569 The main tasks of Dilijan Training and Research Center are as follows: • Creating cutting-edge research infrastructure, as well as new, up-to-date databases for the CBA staff members and researchers from the world renowned institutions, • Organizing international conferences, regional seminars and training courses aimed at disseminating the CBA accumulated knowledge and experience in financial area.

    Mr. Armen Nurbekyan Phone 592 569 Fax  Email armen.nurbekyan@cba.am
       Center for Consumer Rights Protection and Financial Education

    Center for Consumer Rights Protection and Financial Education Tel. (+37410) 592697 The main tasks of the Center for Consumer Rights Protection and Financial Education are as follows: • Regulation of market conduct: creating and developing institutional environment aimed at ensuring fair and transparent conduct of financial system and financial institutions, • Supervision over market conduct: supervision over financial institutions business conduct, developing efficient mechanisms for handling consumers claims, • Financial education: developing and implementing programs aimed at extending financial education and awareness among consumers. Administration of financial educational website “Finance for everyone” (www.abcfinance.am) and financial informational website (www.fininfo.am).

       Internal Security Department

       Information and Technical Security Department

    Information and Technical Security Department Tel. (+37410) 592700 The main tasks of Information and Technical Security Department are as follows: • Ensuring implementation of international standard “ISO/IEC 27001:2013 Information Security Management Systems-Requirements”, • Managing security risks, • Ensuring cybersecurity, • Managing security technical systems, • Ensuring business continuity, • Ensuring civil defense. Information and Technical Security Department is comprised of, Information Security Management Division, Technical Security Management Division, Security Risks Management Team.

       Corporate Services Department

    Corporate Services Department Tel. (+37410) 592560 The main tasks of Corporate Services Department are as follows: • Developing the CBA vision and strategy, • Organizing and recording the Board, other sessions, • Managing document workflow, including work with secret documents, • Follow up of recorded instructions, • Organizing printing and publishing activities at the CBA. Corporate Services Department is comprised of Recording Division, Document Circulation Division, First Division, Strategic Planning and Analysis Division, Printing and Publishing Division.

    Licensing and Corporate Finance Department
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