Mon, 25 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

EDB forecasts Armenia’s refinancing rate at 6.8% in 2025

YEREVAN, June 24. /ARKA/. The refinancing rate of Armenia’s Central Bank will average 6.8% in 2025, according to Eurasian Development Bank’s macroeconomic forecast for seven member countries for 2025–2027.

“With inflation within the target range of the Central Bank and balanced growth in domestic demand, the refinancing rate will remain at the current level (6.75%) until the end of 2025. At the same time, according to our estimates, monetary policy will have a slightly positive impact on demand this year and a neutral impact in the medium term,” the macro forecast says.

It is noted that in 2026–2027, the rate will be close to 6.5%, which will correspond to stable inflation within the target range of the Central Bank and GDP growth at a long-term sustainable level, which is estimated at about 5% per year.

At its meeting on June 17, the Central Bank Board l left the refinancing rate unchanged for the third time in a row, at 6.75%.-0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

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

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

LATEST NEWS

spot_imgspot_imgspot_img