Tag: Central Bank

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

Central Bank of Armenia views stablecoins as a strategic priority

The Central Bank of Armenia considers it important to address the challenges faced by real people and businesses, and it is through this lens that it views stablecoins as a strategic priority, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Central Bank of Armenia warns about scammers contacting citizens in its name

The Central Bank of Armenia has alerted the public about fraudulent communications, including calls and messages, that are being sent under its name.

Fraud Risk: Central Bank of Armenia Warns of Unlicensed Companies

A study conducted by the Central Bank of Armenia revealed that companies operating under the brands "DaoBit," "Orbis" (Orbis Exchange), and "GKGD" are making public offersd for attraction of money  promising high returns.

Central Bank of Armenia leaves refinancing rate unchanged at 6.75% for sixth consecutive time

At its meeting on November 4, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Armenian banks improve protection against fraud, but people must maintain their own electronic hygiene – Galstyan

Armenian banks are consistently implementing new systems to safeguard their clients, including the utilization of AI technologies. However, protection may become unattainable if individuals are careless with their data, stated Martin Galstyan, Chairman of the Central Bank.

Head of Central Bank of Armenia sees no reason to reduce mortgage interest rates

Martin Galstyan, the Chairman of Armenia's Central Bank, stated that he finds no grounds for reducing interest rates on mortgage loans.

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Due to the failure of ArCa,  Central Bank of Armenia recommends that people apply to banks for loan repayment.

If citizens are unable to repay their credit obligations due to problems with the ArCa payment system, they can contact the banks and credit organizations that service them, the regulator told the ARKA news agency.

Central Bank of Armenia recommends banks to freeze credit obligations with signs of fraud – Galstyan

As a solution to the problem of growing financial fraud, the Central Bank of Armenia has recommended banks to freeze all credit obligations that have signs of fraud, said Martin Galstyan, head of the Central Bank of Armenia.