Central Bank of Armenia maintains the refinancing rate at 6.5%

YEREVAN, May 5. /ARKA/. At its meeting on Tuesday, the Central Bank’s Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator’s press service reported.

The Lombard repo rate also remained unchanged at 8%, and the cash attraction rate at 5%.

The Board of the Central Bank of Armenia has been continuously lowering the refinancing rate since June 2023, gradually increasing it from 10.75% to 6.5% in December 2025.

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 18-24)

Last week, the Armenian financial market focused on bank restructuring mechanisms, the tax model for bank dividends, the regulatory agenda, comments from international financial institutions, and the development of financial literacy.

Dram-pegged stablecoins will significantly reduce cross-border payment costs – Galstyan

Stablecoins pegged to the Armenian dram will allow the population to make domestic payments and significantly reduce cross-border payment costs, stated Martin Galstyan, head of the Central Bank of Armenia, in response to a question from ARKA news agency.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

Head of Central Bank named two main risks for financial stability

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.

LATEST NEWS

spot_imgspot_imgspot_img