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  • Archive for January 29th, 2019

    Armenia’s Central Bank revises downward the key rate to 5.75%

    Tuesday, January 29th, 2019

    Armenia’s Central Bank has cut today the refinancing rate by 0.25 percentage points to 5.75%

    Central bank of Armenia cuts refinancing rate to 5.75%

    Tuesday, January 29th, 2019

    YEREVAN, January 29. /ARKA/. Armenia’s Central Bank at a meeting on Tuesday decided to cut the refinancing rate by 0.25 percentage points to 5.75%. The previous time the regulator reviewed the refinancing rate was in March 2017, when it suspended the easing of monetary policy, setting the rate at 6%. -0-

    IDBank head: we do not see significant risks for Armenia's banking sector in 2019

    Tuesday, January 29th, 2019

    In an exclusive interview with ARKA news agency, Mher Abrahamyan, the Chairman of IDBank Management Board, speaks about the risks Armenian banks are likely to face in 2019