Sat, 29 November
6.1 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Armenian central bank raises key rate by 0.5 percentage point to 10%

YEREVAN, September 13. /ARKA/. Armenian Central Bank made a decision today to raise the refinancing rate by 0.5 percentage points to 10%.

The Lombard repo rate was also raised to 11.5%. The rate for commercial banks to seek loans from the regulator was raised to 8.5%, the press service of the Central Bank stated.

The last time the Central Bank changed the refinancing rate was on August 2, 2022, when it raised the key rate by 0.25 percentage points to 9.5%. -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

USD, EUR and RUB exchange rates rise against Armenian dram 

The average market exchange rate of the U.S. dollar to the Armenian dram on May 21, 2025, rose by 0.14 points to AMD 385.06 compared to May 20.

LATEST NEWS

spot_imgspot_imgspot_img