{"id":74826,"date":"2014-04-18T11:29:18","date_gmt":"2014-04-18T11:29:18","guid":{"rendered":"https:\/\/armbanks.am\/2014\/04\/18\/240672\/"},"modified":"2024-12-15T13:11:04","modified_gmt":"2024-12-15T13:11:04","slug":"armenias-financial-system-stable-and-risks-manageable-central-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/04\/18\/74826\/","title":{"rendered":"Armenia\u2019s financial system stable and risks manageable &#8211; Central Bank"},"content":{"rendered":"<p><strong>YEREVAN, April 18. \/ ARKA \/.<\/strong> Armenia&#8217;s financial system is stable and risks are manageable, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development.<\/p>\n<p>&#8220;Our financial system is stable and able to withstand different kinds of shocks,\u201d he said at the presentation of the regulator\u2019s report on the financial stability of the country in 2013.<\/p>\n<p>He said this is evidenced by the current indicators of the system, and regular stress tests conducted at least once a quarter. According to Grigoryan, almost all the main indicators of the financial system\u00a0 recorded growth last year, as they did in the previous years.<\/p>\n<p>He said the stability of Armenia\u2019s financial system may be affected in varying degrees by global economic developments and geopolitical events.<\/p>\n<p>According to the Central Bank, the total loan portfolio of local banks stood at about 1.8 trillion drams at the end of last December, a twofold increase over the previous five years; the deposits grew 2.5 times to 1.6 trillion drams.<\/p>\n<p>Over the last five years the banks\u2019 loans in the nation\u2019s GDP surged from 3.7% to 42.1 % in 2013, while their assets in the overall\u00a0 GDP rose from 42.2 % to 69 % in 2013. _0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s financial system is stable and risks are manageable, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development<\/p>\n","protected":false},"author":1,"featured_media":157156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15865,13606,12877,310],"class_list":{"0":"post-74826","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-central-bank-2","10":"tag-financial-system","11":"tag-risks","12":"tag-310"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=74826"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157156"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=74826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=74826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=74826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}