Republic of Armenia: Financial System Stability Assessment

January 11, 2013

Preview Citation

Format: Chicago

Republic of Armenia: Financial System Stability Assessment, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

Armenia’s growing financial system is dominated by banks, and its regulatory and supervisory system is robust. The Executive Board of the International Monetary Fund (IMF) has recommended the Central Bank of Armenia (CBA) to develop a program to gather information and monitor the hedging ability of borrowers. Liquidity requirements in foreign currency would be an important risk mitigant particularly because the CBA has a limited ability to extend foreign currency emergency liquidity assistance. Implementation of the pension reform in 2014 will bring additional investments to the market.

Subject: Banking, Commercial banks, Financial institutions, Financial sector policy and analysis, Insurance, Insurance companies, Loans, Stress testing

Keywords: CBA board meetings, CBA data, CBA law, CBA regulation, CBA staff members, Commercial banks, CR, Global, Insurance, Insurance companies, ISCR, Loans, Problem bank, Stress testing

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/010
Stock No:

1ARMEA2013001
ISBN:

9781475577792
ISSN:

1934-7685

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