Sat, 26 April
4.1 C
Yerevan
USD: 390.33 RUB: 4.73 EUR: 443.14 GEL: 142.02 GBP: 519.57
spot_img

Tag: economic shocks

Armenia-based banks have enough capital to withstand negative economic shocks, central bank chairman says

The stress tests conducted by Armenia's Central Bank showed that even under scenarios of a deep recession or a financial market crash, even an apocalyptic scenario, Armenia-based banks have enough capital to withstand negative economic shocks, the chairman of the Central Bank Martin Galstyan told reporters on Thursday