The Central Bank of Armenia (the CBA) is a legal entity empowered with state functions. Primary goal of the CBA is price stability in the Republic of Armenia. The CBA coordinates the primary goal with the Government of Armenia, as stipulated by the Armenian Law on State Budget, and approved by the National Assembly of Armenia. The CBA itself decides on the strategy of monetary policy it implements and target (intermediate and operational) indicators that are contained in the monetary policy program and subject to presentation to the National Assembly. The program outlines the main directions of the monetary policy and the monetary instruments which the CBA uses in order to fulfill its objectives.
Coordination of monetary and fiscal policies is priority in developing and implementing the monetary policy. The coordination involves both opting for basic macroeconomic indicators and issues relating to short-term adjustment of liquidity by the CBA, disbursement of external financial inflows and issuance and allocation of T-bills by the Government. The CBA makes sure its activities are maximally transparent and open to public, which serve the best warrant for the general public's confidence in the monetary policy implemented by the CBA.

Government

Central Bank of Armenia

Martin Galstyan

Armenuhi Mkrtchyan

Ani Goyunyan

Anush Grigoryan Fcca

Azat Gabrielyan

Ani Kirakosyan

Samvel Arakelyan

Margarita Panoyan

Lusine Harutyunyan

Hermine Mikayelyan

Hayk Yesayan

Edgar Sargsyan

Armen Hovhannisyan

Anna Yeghiazaryan

Vigen Shahnazaryan

Khachatur K

Ashot Gabrielyan

Erik Vardanyan

Aleksandr Shirkhanyan

Nona Kirakosyan

The Risk Management and Compliance team at the Central Bank of Armenia is responsible for identifying, assessing, and mitigating financial risks associated with the bank's operations. This includes overseeing compliance with regulatory requirements, promoting financial education, and ensuring robust risk management practices across various departments. The team works collaboratively to maintain transparency and public trust in the bank’s monetary policy initiatives, safeguarding the overall stability of Armenia’s financial system.

Risk Management and Compliance

Financial Analysis and Support

Cybersecurity and Information Security

Risk Management and Compliance

About

Team members

Other teams at Central Bank of Armenia

Financial Analysis and Support

Cybersecurity and Information Security