Armenian Central Bank made changes and amendments in a number of normative documents

YEREVAN, July 21. /ARKA/. Armenian Central Bank made changes and amendments in a number of normative documents.

Changes were made in Regulation №1 “Registration and licensing of banks and branches of foreign banks, registration of banks and their representation offices, qualification and registration of bank managers and branches of foreign banks”.

CB Board approved Regulation № 8/03.1 “List of information for publication by insurance companies implementing mandatory car insurance”, as well as “Requirements and terms to the insured persons by insurance company”.

During the meeting licenses were provided to “KBM” Ltd, “Gold and GB” Ltd, “Gev-Star” Ltd. and “Akhdakh” Ltd for implementing pawn activity. —0—

spot_img

POPULAR

Unibank issues USD bonds with a 5.6% yield

Unibank announces a new issue of USD bonds in the amount of 5 million USD.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

LATEST NEWS

spot_imgspot_imgspot_img