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

Banks
цб
цб

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

Loans

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.
Announces

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.
Loans

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).
Exchange market

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.87 points on August 5, 2026, compared to August 4, to 366.14 drams.
Capital market

Market capitalization exceeded 426 billion drams in July – Armenia Securities Exchange

Equity market capitalization exceeded 426 billion drams in July 2026, the press service of the Armenia Securities Exchange (AMX) reported.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
WB to continue assistance to Armenian government – Vice-President for Europe and Central Asia
WB to continue assistance to Armenian government – Vice-President for Europe and Central Asia
Next article
Central bank expects yearend inflation at about 10 percent
Central bank expects yearend inflation at about 10 percent