861:
895:
871:
30:
In order to support the sector and increase availability of loans, the
Central Bank of Armenia (CBA) started the process of monetary policy easing by systematically lowering the refinancing rate, which decreased by 4.5p.p. down to 6% between 2015-2017. This has pushed banks to revise rates on loans
775:
936:
120:
31:
and deposits downwards, evidenced by dropping credit and deposit rates from 14,7% to 10,7% and from 9,7% to 5,3% in 2016-2017 respectively.
502:
750:
826:
88:
836:
383:
585:
246:
221:
795:
176:
955:
929:
303:
196:
113:
444:
831:
790:
695:
459:
411:
308:
517:
495:
268:
40:
800:
416:
710:
665:
421:
69:
745:
630:
525:
50:
625:
575:
338:
258:
960:
635:
595:
449:
368:
785:
560:
469:
454:
401:
353:
348:
323:
181:
922:
755:
730:
675:
645:
545:
535:
298:
278:
236:
211:
201:
161:
146:
106:
640:
570:
555:
464:
363:
318:
293:
263:
191:
680:
439:
841:
720:
715:
685:
650:
273:
815:
735:
690:
670:
660:
488:
870:
760:
655:
540:
378:
328:
288:
241:
226:
206:
186:
171:
166:
156:
141:
45:
805:
740:
705:
620:
610:
550:
406:
373:
343:
333:
313:
231:
216:
906:
846:
765:
725:
700:
615:
590:
580:
565:
358:
283:
253:
605:
600:
949:
864:
874:
894:
17:
902:
98:
480:
93:
484:
102:
910:
814:
774:
516:
430:
392:
134:
930:
496:
114:
8:
937:
923:
503:
489:
481:
121:
107:
99:
61:
7:
891:
889:
70:"Armenia Industry Research – Banks"
909:. You can help Knowledge (XXG) by
25:
893:
869:
860:
859:
827:British Indian Ocean Territory
1:
89:Armenia Banking Information
977:
888:
855:
94:HSBC Bank Armenia website
576:East Timor (Timor-Leste)
41:List of banks in Armenia
837:Cocos (Keeling) Islands
51:Central Bank of Armenia
27:Armenian banking system
905:-related article is a
177:Bosnia and Herzegovina
751:United Arab Emirates
778:limited recognition
393:States with limited
956:Economy of Armenia
46:Economy of Armenia
918:
917:
883:
882:
820:other territories
478:
477:
129:Banking in Europe
16:(Redirected from
968:
939:
932:
925:
897:
890:
873:
863:
862:
832:Christmas Island
518:Sovereign states
505:
498:
491:
482:
431:Dependencies and
135:Sovereign states
123:
116:
109:
100:
77:
76:
74:
66:
21:
976:
975:
971:
970:
969:
967:
966:
965:
946:
945:
944:
943:
886:
884:
879:
851:
819:
810:
791:Northern Cyprus
777:
770:
512:
511:Banking in Asia
509:
479:
474:
432:
426:
412:Northern Cyprus
394:
388:
309:North Macedonia
130:
127:
85:
80:
72:
68:
67:
63:
59:
37:
28:
23:
22:
15:
12:
11:
5:
974:
972:
964:
963:
958:
948:
947:
942:
941:
934:
927:
919:
916:
915:
898:
881:
880:
878:
877:
867:
856:
853:
852:
850:
849:
844:
839:
834:
829:
823:
821:
812:
811:
809:
808:
803:
798:
793:
788:
782:
780:
772:
771:
769:
768:
763:
758:
753:
748:
743:
738:
733:
728:
723:
718:
713:
708:
703:
698:
693:
688:
683:
678:
673:
668:
663:
658:
653:
648:
643:
638:
633:
628:
623:
618:
613:
608:
603:
598:
593:
588:
583:
578:
573:
568:
563:
558:
553:
548:
543:
538:
533:
528:
522:
520:
514:
513:
510:
508:
507:
500:
493:
485:
476:
475:
473:
472:
467:
462:
457:
452:
447:
442:
436:
434:
433:other entities
428:
427:
425:
424:
419:
414:
409:
404:
398:
396:
390:
389:
387:
386:
384:United Kingdom
381:
376:
371:
366:
361:
356:
351:
346:
341:
336:
331:
326:
321:
316:
311:
306:
301:
296:
291:
286:
281:
276:
271:
266:
261:
256:
251:
249:
244:
239:
234:
229:
224:
219:
214:
209:
204:
199:
197:Czech Republic
194:
189:
184:
179:
174:
169:
164:
159:
154:
149:
144:
138:
136:
132:
131:
128:
126:
125:
118:
111:
103:
97:
96:
91:
84:
83:External links
81:
79:
78:
60:
58:
55:
54:
53:
48:
43:
36:
33:
26:
24:
18:Armenian banks
14:
13:
10:
9:
6:
4:
3:
2:
973:
962:
961:Armenia stubs
959:
957:
954:
953:
951:
940:
935:
933:
928:
926:
921:
920:
914:
912:
908:
904:
899:
896:
892:
887:
876:
872:
868:
866:
858:
857:
854:
848:
845:
843:
840:
838:
835:
833:
830:
828:
825:
824:
822:
817:
813:
807:
804:
802:
801:South Ossetia
799:
797:
794:
792:
789:
787:
784:
783:
781:
779:
773:
767:
764:
762:
759:
757:
754:
752:
749:
747:
744:
742:
739:
737:
734:
732:
729:
727:
724:
722:
719:
717:
714:
712:
709:
707:
704:
702:
699:
697:
694:
692:
689:
687:
684:
682:
679:
677:
674:
672:
669:
667:
664:
662:
659:
657:
654:
652:
649:
647:
644:
642:
639:
637:
634:
632:
629:
627:
624:
622:
619:
617:
614:
612:
609:
607:
604:
602:
599:
597:
594:
592:
589:
587:
584:
582:
579:
577:
574:
572:
569:
567:
564:
562:
559:
557:
554:
552:
549:
547:
544:
542:
539:
537:
534:
532:
529:
527:
524:
523:
521:
519:
515:
506:
501:
499:
494:
492:
487:
486:
483:
471:
468:
466:
463:
461:
458:
456:
453:
451:
448:
446:
445:Faroe Islands
443:
441:
438:
437:
435:
429:
423:
420:
418:
417:South Ossetia
415:
413:
410:
408:
405:
403:
400:
399:
397:
391:
385:
382:
380:
377:
375:
372:
370:
367:
365:
362:
360:
357:
355:
352:
350:
347:
345:
342:
340:
337:
335:
332:
330:
327:
325:
322:
320:
317:
315:
312:
310:
307:
305:
302:
300:
297:
295:
292:
290:
287:
285:
282:
280:
277:
275:
272:
270:
269:Liechtenstein
267:
265:
262:
260:
257:
255:
252:
250:
248:
245:
243:
240:
238:
235:
233:
230:
228:
225:
223:
220:
218:
215:
213:
210:
208:
205:
203:
200:
198:
195:
193:
190:
188:
185:
183:
180:
178:
175:
173:
170:
168:
165:
163:
160:
158:
155:
153:
150:
148:
145:
143:
140:
139:
137:
133:
124:
119:
117:
112:
110:
105:
104:
101:
95:
92:
90:
87:
86:
82:
71:
65:
62:
56:
52:
49:
47:
44:
42:
39:
38:
34:
32:
19:
911:expanding it
900:
885:
816:Dependencies
746:Turkmenistan
711:Saudi Arabia
530:
422:Transnistria
151:
64:
29:
875:Asia portal
776:States with
696:Philippines
636:South Korea
631:North Korea
526:Afghanistan
460:Isle of Man
395:recognition
369:Switzerland
304:Netherlands
950:Categories
756:Uzbekistan
731:Tajikistan
646:Kyrgyzstan
626:Kazakhstan
546:Bangladesh
536:Azerbaijan
339:San Marino
299:Montenegro
279:Luxembourg
259:Kazakhstan
162:Azerbaijan
57:References
842:Hong Kong
796:Palestine
721:Sri Lanka
716:Singapore
596:Indonesia
450:Gibraltar
274:Lithuania
865:Category
786:Abkhazia
736:Thailand
691:Pakistan
671:Mongolia
666:Maldives
661:Malaysia
561:Cambodia
470:Svalbard
455:Guernsey
402:Abkhazia
354:Slovenia
349:Slovakia
324:Portugal
182:Bulgaria
35:See also
903:Armenia
761:Vietnam
676:Myanmar
656:Lebanon
586:Georgia
541:Bahrain
531:Armenia
379:Ukraine
329:Romania
289:Moldova
247:Ireland
242:Iceland
237:Hungary
227:Germany
222:Georgia
212:Finland
207:Estonia
202:Denmark
187:Croatia
172:Belgium
167:Belarus
157:Austria
152:Armenia
147:Andorra
142:Albania
806:Taiwan
741:Turkey
706:Russia
641:Kuwait
621:Jordan
611:Israel
571:Cyprus
556:Brunei
551:Bhutan
465:Jersey
407:Kosovo
374:Turkey
364:Sweden
344:Serbia
334:Russia
319:Poland
314:Norway
294:Monaco
264:Latvia
232:Greece
217:France
192:Cyprus
901:This
847:Macau
766:Yemen
726:Syria
701:Qatar
681:Nepal
616:Japan
591:India
581:Egypt
566:China
440:Åland
359:Spain
284:Malta
254:Italy
73:(PDF)
907:stub
686:Oman
651:Laos
606:Iraq
601:Iran
818:and
952::
938:e
931:t
924:v
913:.
504:e
497:t
490:v
122:e
115:t
108:v
75:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.