YEREVAN, February 3. /ARKA/. Armenian banks have sufficient capital to resist potential risks and there is nothing that could jeopardize the country's  financial stability, the chairman of the Central Bank  Martin Galstyan told reporters on Tuesday.

“The banks were provided with unprecedented liquidity so that they had no  problems with lending,” Galstyan said

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The capability of Armenia’s banking sector to absorb risks is quite high, Andranik Grigoryan Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

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Public confidence in the government lessened a great deal inflation risks in Armenia for the next five years, Armenian Prime Minister Nikol Pashinyan said Monday at a news conference in Vanadzor

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The outcome of stress tests carried out by the Central Bank of Armenia indicates that the national banking system is able to absorb potential risks

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Armenia’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

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Areximbank – Group of Gasprombank managed its risks efficiently in 2012, the bank’s press service reported

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Armenia’s 2013 draft government budget contains, for the first time, a section with specific calculations of possible impacts of risks on budget performance

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Ashot Osipyan, the chairman of the Union of Armenian Banks, said today the agriculture is one of the most risky sectors with specific risky factors which are impossible to evaluate, for example, climate-caused risks and this is a reason raising the cost of agricultural loans.

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