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

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

Financial Technology as a Sales Engine: IDBank Presented Its Fintech Ecosystem at Mantashyants Global Business Forum 2026

How modern fintech solutions are changing consumer behavior, expanding financial opportunities for businesses, and stimulating the economy was the focus of the presentation "When Financial Technology Becomes a Sales Engine," delivered by Grigori Yolyan, Head of the Commercial Partnership Department at IDBank, during Mantashyants Global Business Forum 2026.

EDB has identified three main drivers of economic growth in Armenia

The Eurasian Development Bank (EDB) has identified the services sector, construction, and industry as the main drivers of economic growth in Armenia in January–May 2026.

Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank

Idram and IDBank conducted a series of three-day financial literacy training sessions for over 460 participants of the AI Camp organized by the FAST Foundation.

Fabrizio Zarcone Takes on Expanded Role as World Bank Group Country Manager for Armenia

Effective today, Fabrizio Zarcone becomes the World Bank Group Country Manager for Armenia, unifying country-level leadership across the institution to better support Armenia's public and private sector needs.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

LATEST NEWS

spot_imgspot_imgspot_img