ArmInfo.  The Central Bank of Armenia has decided to leave the rate of the countercyclical capital buffer (CCB) unchanged, at 1.75% of risk-weighted assets, and this decision enters into force on May 1, 2025. As noted in the message of the Central Bank of Armenia, the Board of the Central Bank made such  a decision on April 22 this year, guided by the comprehensive  analysis of the macro-financial and credit market developments.

ArmInfo. In 2024, foreign citizens made 3,892 real estate purchase and sale transactions,  accounting for 6.7% of the total volume of transactions. According to data from the State Committee of Real Estate Cadastre of the Republic of Armenia, the volume of transactions by foreigners decreased by  13.1% compared to the previous year.  The most active buyers and sellers of real estate in Armenia are citizens of the Russian Federation, the USA, Iran, several European countries and the CIS.

ArmInfo. The IMF Executive Board completed the forth review under the Stand-By Arrangement (SBA)  with Armenia, providing the country with access to SDR 18.4 million (about US $24.12 million).

ArmInfo. On December 2nd, the 27th meeting of the Advisory Council on Monetary Policy for regulators of the EAEU member states took place at the Central Bank of Armenia. As noted in the message of the Central Bank of Armenia, the meeting was attended by senior officials from the central (national) banks of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, along with a delegation from the Central Bank of Uzbekistan as an observer.

ArmInfo. Ameriabank has been recognized as Armenia’s best bank for real estate by an international financial publication Euromoney, becoming the first-ever recipient of this award in Armenia. The Real Estate Awards honor excellence in the commercial real estate sector, acknowledging not only financial success and client service, but also a commitment to improving the sector through technological advances and sustainability initiatives.

ArmInfo. The real estate market in Armenia continues to be overvalued, as stated by Umang Rawat, the IMF Resident Representative in Armenia, during an event on the fund's report "Caucasus and Central Asia: Economic Outlook and Policy Challenges".  In this context, he noted that according to the IMF and the Central Bank of Armenia, real estate prices in the country could be 30% lower.

ArmInfo. According to the new forecast from the International Monetary Fund (IMF), inflation in  Armenia is projected to be 1% in 2024 compared to the deflationary rate of 0.6%, and then increase to 3.9% in 2025, coming closer to the target of 4%.

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ArmInfo.

ArmInfo.As a leader in Armenia's mortgage lending market, Ameriabank is represented by a separate pavilion at the specialized exhibition for the real estate and construction sector, Toon EXPO.

ArmInfo.The Board of the Central Bank of Armenia believes that a lower refinancing rate is necessary to achieve the inflation target of 4% in the medium term and ensure price stability. In this context, on September 10, the Central Bank once again reduced the key rate by 0.25 percentage points - from 7.75% to 7.5%.

ArmInfo. According to the Central Bank of Armenia, a lower refinancing rate is necessary to continue to meet its price stability objective of ensuring an inflation rate of f4 percent over the medium term. This was announced by the Chairman of the Central Bank of Armenia Martyn Galstyan, at a press conference on July 30. He presented the rationale for the regulator's decision to once again reduce the key rate by 0.25 percentage points to 7.75%.

ArmInfo.The persistence of above-potential growth, as well as the non-widespread nature of  recent growth, poses certain uncertainties regarding the relative position of aggregate demand versus aggregate supply.

ArmInfo. Real estate price indices do not reflect the reality that we have according to the  assessment of our experts, Chairman of the Central Bank of Armenia Martyn Galstyan told a press conference on June 3.

ArmInfo. Market expectations of the CBA policy rate path have not changed materially since the last  decision and continue to reflect expectations of a gradual reduction in the policy rate through the end of the current year.

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ArmInfo.

ArmInfo.Speaking at the presentation of the International Monetary Fund (IMF) report  "Ensuring Macroeconomic Stability in the Caucasus and Central Asia in  the Conditions of Ongoing Uncertainty" in Astana, Deputy Governor at  Central Bank of Armenia Armen Nurbenkyan mentioned three key factors  ensuring the growth of Armenia's economy last year.

ArmInfo.Ameriabank has been the absolute leader on the mortgage market for five years in a row.  According to the press service of the Bank, in 2022, the bank's  mortgage portfolio grew by AMD 45 blnor 32%, totaling AMD 186 bln.  Ameriabank'smarket share is reaching 22 % as of 31.12.2022.