In Armenia, 82% of the country’s financial system assets are accounted for by the banking system – Central Bank

YEREVAN, May 26. /ARKA/. The assets of Armenia’s banking system continue to dominate the country’s financial system, accounting for approximately 82% of total assets, or approximately 12 trillion drams, said Martin Galstyan, Chairman of the Central Bank.

“Pension funds are in second place, with a share of 9.3%, or approximately 1.5 trillion drams. Their assets grew faster than all other segments,” he said, presenting Armenia’s financial stability report for 2025.

According to the regulator, pension fund assets grew by 34.2%, while those of the banking system grew by 15.1%.

Galstyan noted that in 2025, Armenia’s financial system continued to grow, maintaining a high capacity to withstand shocks. According to him, growth was recorded in all key segments, ensuring the uninterrupted provision of financial services to individuals and businesses.

“As in previous years, the financial system operated in an extremely complex geopolitical and economic environment with high uncertainty, which was emphasized and taken into account in the Central Bank’s macroprudential policy analyses and decisions,” Galstyan said.

According to the Central Bank, credit institutions account for 5.6% of financial system assets (an increase of 13.1%), investment companies account for 1.7% (an increase of 8.4%), and insurance companies account for 0.8% (an increase of 19.8%).

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