Armenian banking system

The Armenian banking system consists of commercial banks, which provide financial services like savings, loans, and payments, and the Central Bank of Armenia, which regulates and supervises these institutions to ensure stability and compliance with monetary policies. Banks help individuals and businesses manage money, support economic growth, and maintain financial stability. The system is interconnected with Armenia’s economy, influenced by regional and global financial trends, and includes measures to prevent risks and protect depositors. Overall, it functions as the backbone of Armenia’s financial infrastructure, facilitating smooth monetary and credit activities.