Armenia’s central bank raises refinancing rate by 0.5% to 7.75%

Banks
цб
цб

YEREVAN, December 14. /ARKA/. Armenian Central Bank’s Board has decided today to raise the refinancing rate by 0.5% to 7.75%.

According to the regulator, the Lombard repo rate was raised to 9.25% and the borrowing rate to 6.25%.

On September 14, 2021 the Central Bank had reviewed the refinancing rate by raising it by 0.25 p.p. to 7.25%. -0-

spot_img

POPULAR

Announces

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.
Announces

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.
Banks

Moody’s Upgrades Unibank’s Rating Outlook to Positive and Affirms B1 Long-Term Deposit Ratings

Moody’s Ratings has affirmed Unibank’s long-term deposit ratings at B1, as well as its b2 BCA and Adjusted BCA.
Banks

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.
Announces

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Armenian securities market grows 25% in 12 months to 169 billion drams
Armenian securities market grows 25% in 12 months to 169 billion drams
Next article
Central bank predicts 8.4-8.5% inflation for 2021
Central bank predicts 8.4-8.5% inflation for 2021