20.03.2020 19:01
YEREVAN, March 20. /ARKA/. Armenia’s banking sector has no liquidity problem, Central Bank Board member Arthur Stepanyan said at a press conference on Friday.
He said the Central Bank possesses both macro-prudential and regulatory instruments to ensure financial stability and to keep the system in a liquid state. In his words, all the banks and credit organizations are well aware that, if necessary, the regulator will make certain mitigations so that the system can absorb and soften all possible negative developments that may occur in the future.
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