IMF, WB estimate Armenia’s financial stability at 93%

IMF, WB estimate Armenia’s financial stability at 93%

PanARMENIAN.Net - International Monetary Fund (IMF) and the World Bank published a Global Financial Stability Report, with Armenia’s financial stability 93% meeting the standards set by the Basel Committee and other parameters, the head of financial system stability and development department of Central Bank of Armenia said.

Andranik Grigoryan further noted that Armenia takes the 16th spot among 140 countries by its competitiveness index.

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