Time in Yerevan: 11:07,   24 April 2024

Financial system of Armenia maintains stability

Financial system of Armenia maintains stability

YEREVAN, MAY 27, ARMENPRESS. The Central Bank of Armenia reports the financial system of Armenia continues maintaining stability and sufficient flexibility for avoiding possible risks.

The Central Bank has applied relevant tools for liquidity regulation and mitigating credit risks.

In 2015, the banking system has increased its charter capital by 74 billion AMD, under the requirement of increasing minimum total capital of commercial banks.

Under equal conditions the latter implies the possibility of loan volumes growth and the availability of additional security for countering possible risks in the future.








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