Republic of Armenia : Financial System Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

January 11, 2013

Electronic Access:

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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.

Series:

Country Report No. 13/10

Subject:

English

Publication Date:

January 11, 2013

ISBN/ISSN:

9781475577792/1934-7685

Stock No:

1ARMEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

72

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