ArmInfo. The Central Bank of Armenia announced the issue of a commemorative coin dedicated to the 100th anniversary of the birth of the outstanding Armenian film director and screenwriter Henrik Malyan on September 16 this year. This was noted in the message of the Central Bank of Armenia.
ArmInfo.High uncertainty in external demand remains due to t deterioration risks in the global economic growth prospects and the current trends in tourist flows and remittances to Armenia. Martin Galstyan, the Chairman of the Central Bank of Armenia, made this statement during a press conference on September 16, when presenting the rationale for the decision of the Central Bank Board to keep the key refinancing rate unchanged at 6.75%.
ArmInfo. The Central Bank of Armenia has once again decided to leave the refinancing rate unchanged, setting it at 6.75%. This decision was made on September 16 during a meeting of the Board of the Central Bank of the Republic of Armenia. Accordingly, the rates on Lombard repo is- 8.25% and the interest rate on funds attracted from banks is 5.25%.
ArmInfo. The Central Bank of Armenia has improved its GDP growth forecast for 2025 from the previous 5.1-4.6% to an updated 5.8-5.7% (depending on the inflation trajectory), against the actual 5.9% growth in 2024. The Central Bank has also revised its GDP growth forecast for 2026, now expecting an acceleration in growth rates to 5.7-6.2%, instead of the previously announced slowdown to 4.9-4.4%.
ArmInfo. The Central Bank of Armenia announced the issue of a commemorative coin dedicated to the 100th anniversary of the birth of the outstanding Armenian film director and screenwriter Henrik Malyan on September 16 this year. This was noted in the message of the Central Bank of Armenia.
ArmInfo.High uncertainty in external demand remains due to t deterioration risks in the global economic growth prospects and the current trends in tourist flows and remittances to Armenia. Martin Galstyan, the Chairman of the Central Bank of Armenia, made this statement during a press conference on September 16, when presenting the rationale for the decision of the Central Bank Board to keep the key refinancing rate unchanged at 6.75%.
ArmInfo. The Central Bank of Armenia has once again decided to leave the refinancing rate unchanged, setting it at 6.75%. This decision was made on September 16 during a meeting of the Board of the Central Bank of the Republic of Armenia. Accordingly, the rates on Lombard repo is- 8.25% and the interest rate on funds attracted from banks is 5.25%.
ArmInfo. The Central Bank of Armenia has improved its GDP growth forecast for 2025 from the previous 5.1-4.6% to an updated 5.8-5.7% (depending on the inflation trajectory), against the actual 5.9% growth in 2024. The Central Bank has also revised its GDP growth forecast for 2026, now expecting an acceleration in growth rates to 5.7-6.2%, instead of the previously announced slowdown to 4.9-4.4%.
ArmInfo. Moody's Ratings (Moody's) has today downgraded Electric Networks of Armenia's (ENA) long-term corporate family rating (CFR) to Ba3 from Ba2 and its probability of default rating (PDR) to Ba3-PD from Ba2-PD. The outlook is negative. Previously, the ratings were on review for downgrade. This rating action concludes the review for downgrade that was initiated on ENA on 20 June 2025, as noted by Moody's Ratings.
ArmInfo. Moody's Ratings (Moody's) has today downgraded Electric Networks of Armenia's (ENA) long-term corporate family rating (CFR) to Ba3 from Ba2 and its probability of default rating (PDR) to Ba3-PD from Ba2-PD. The outlook is negative. Previously, the ratings were on review for downgrade. This rating action concludes the review for downgrade that was initiated on ENA on 20 June 2025, as noted by Moody's Ratings.