Republic of Armenia : Financial System Stability Assessment

Publication Date: January 11, 2013
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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(s): Financial system stability assessment | Financial sector | Banks | Basel Core Principles | Bank supervision | Stress testing | Liquidity management | Bank resolution | Insurance supervision | Capital markets | Pensions | Risk management | Armenia

Publication Date: January 11, 2013
ISBN/ISSN: 9781475577792/1934-7685 Format: Paper
Stock No: 1ARMEA2013001 Pages: 72
US$18.00 (Academic Rate:
US$18.00 )
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