Armenia’s Central Bank raises key benchmark refinancing rate to 8.5 percent

Banks

YEREVAN, August 13. / ARKA /. Armenia’s Central Bank said it has raised today its benchmark refinancing rate by 0.5 percentage point to 8.5%.

The last time the Central bank revised its refinancing rate was in 2011 September, when it cut it by 0.5 percentage  point to 8 percent. -0-

spot_img

POPULAR

Banks

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).
Announces

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.
Banks

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.
Announces

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.
Banks

Loans issued by Armenian commercial banks approached 8.9 trillion drams at the end of July

The volume of loans issued by commercial banks in Armenia as of the end of July 2026 amounted to 8,898,629 million drams, compared to 8,775,241 million drams at the end of June.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Average exchange rate of USD NASDAQ OMX Armenia stock exchange drops to 407.06 drams
Next article
Asia stocks swing from gain to loss as Hong Kong cancels trading: Bloomberg