Republic of Armenia: Financial System Stability Assessment
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. 2013/010
Subject:
Banking Commercial banks Financial institutions Financial sector policy and analysis Insurance Insurance companies Loans Stress testing
English
Publication Date:
January 11, 2013
ISBN/ISSN:
9781475577792/1934-7685
Stock No:
1ARMEA2013001
Pages:
72
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