YEREVAN, December 28. /ARKA/. Armenia's financial system has maintained stability in 2021 despite considerable difficulties, Chairman of the Central Bank of Armenia Martin Galstyan said December 27 when speaking at a reception organized at the Central Bank on the occasion of the New Year and Christmas.   

“The year 2021 has been  difficult year for the  economy, but still, we can assess that due to our joint efforts we have been able to maintain price and financial stability in the Republic of Armenia,” Galstyan said, according to the press service of the Central Bank. 

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Armenia registered a high indicator of financial stability, and the demand for government bonds exceeded supply 2.7 times, Artak Manukyan, the MP from the ruling faction My Step, said Wednesday an extraordinary parliamentary session

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The impact of coronavirus on the global economy and the Armenian economy will be short-term, according to the Central Bank of Armenia. It said it was closely monitoring the developments in the global economy in connection with the coronavirus

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In March 2019 the basic indicators of financial stability of Armenia showed a positive trend, according to data, published on the official website of the Central Bank

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Armenia has enough resources to maintain the financial stability, said Tatul Manaseryan, the head of Alternative think tank in Yerevan

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Some of the key indicators characterizing the performance of Armenian commercial banks and their financial stability saw a drop in 2018 April as opposed to the previous month, according to data, provided by the Central Bank of Armenia

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The consolidation of Armenia’s banks has enhanced the system’s financial stability and liquidity, Andranik Grigoryan, chief of the central bank’s division in charge of development of the country’s financial system, told journalists on Wednesday

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