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

Banks
цб
цб

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

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.
Announces

Head of the Union of Banks of Armenia did not rule out consolidation of the Armenian banking market

Daniel Azatyan, Chairman of the Union of Banks of Armenia, believes the current number of commercial banks in the country is optimal, but theoretically allows for market consolidation.
Capital market

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.
Economy

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.
Announces

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
инфляция, экономика, бизнес
Some 605 billion drams will be required to service Armenia’s public debt in 2023- finance minister
Next article
Yerevan to host forum of Association of Eurasian Central Securities Depositories
Yerevan to host forum of Association of Eurasian Central Securities Depositories