Tue, 24 June
16.1 C
Yerevan
USD: 386.08 RUB: 4.93 EUR: 442.60 GEL: 141.73 GBP: 516.54

Central Bank of Armenia again raises refinancing rate by 0.5 percentage points

YEREVAN, November 1. /ARKA/. Armenian Central Bank’s Board made a decision today to raise the refinancing rate by 0.5 percentage points and set it at 10.5%.

According to the press service of the Central Bank, the Lombard repo rate was also increased to 12% and the borrowing rate was increased to 9%.

On September 13, 2022, the regulator had already raised the key rate by 0.5 percentage points setting it at 10%. -0-

spot_img

POPULAR

VTB (Armenia) becomes official partner of Music for the Future Foundation

VTB (Armenia) has become a partner of the Music for the Future Foundation. The bank will support the foundation's key programs, including the development of cultural and educational projects, the organization of concerts, and the allocation of scholarships for young musicians.

ACBA Bank summarizes the results of 2024 (video)

ACBA Bank summarized the results of 2024 and defined the future directions of the bank's development at the annual general meeting of shareholders, ACBA said in a press release today.

Moody’s upgrades long-term deposit ratings of Unibank to B1, outlook stable

Moody's has upgraded Unibank long-term local and foreign currency bank deposit ratings to B1 from B2 and changed the outlook on these ratings to stable.

Partnership Launch: Freedom Broker Armenia & Teach For Armenia

Teach For Armenia is proud to announce a new partnership with Freedom Broker Armenia, aimed at enhancing financial literacy and educational innovation in Armenia.

Armenian parliament approves annual report on execution of 2024 state budget

At a session on Thursday, the National Assembly of Armenia approved the annual report on the execution of the 2024 state budget.

LATEST NEWS

spot_imgspot_imgspot_img