Central Bank lowers reserve requirements in national currency from 4% to 2 %

YEREVAN, February 24. / ARKA /. Armenia’s Central Bank has lowered the reserve requirement in the national currency, the dram, from 4% to 2 % late last year as part of easing its monetary policy.

The regulator said also in a report that it intends to continue easing its monetary policy throughout 2014, to be stimulated , in particular, by its decision last December 24 to reduce the reserve requirement in drams from 4% to 2%. Last time the Central Bank did so was in 2013 April when it lowered the indicator from 12% to 8%.

As part of its strategy to weaken the monetary policy the Central Bank in February cut its key refinancing rate from 7.75% to 7.5% According to the Central Bank’s regulation, the minimum reserve requirement in foreign currency did not change standing at 12%. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img