Armenia’s Central Bank raised lombard repo rate by 2 p.p. to 10.25%

YEREVAN, November 25. /ARKA/. The council of the Central Bank of Armenia (CBA) set on Monday a Lombard repo rate of 10.25% at its meeting presided over by chairman Artur Javadyan.
The respective rate was 8.25% in August (12/08/2014).

Dollar exchange rate rocketed to an eight-year record high level in Armenia on November 24, having gone up by 16.6 points to 435 drams per dollar as compared to the rate of November 21.

According to the central bank, Armenia’s refinancing rate is 6.75% and funding rates were 5.25%.  –0—

spot_img

POPULAR

Armenia’s bank rates are responding slowly to the Central Bank’s rate cut, regulator 

Interest rates in Armenia's banking system are adjusting slowly, despite the reduction in the monetary policy rate and short-term market rates.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

LATEST NEWS

spot_imgspot_imgspot_img