Central Bank of Armenia

The Central Bank of the Republic of Armenia is a legal entity empowered with state functions. The primary goal of the CB is price and financial stability in the Republic of Armenia. Established by the law on the Central Bank of the Republic of Armenia in April 1993, it succeeded the Armenian branch of Gosbank (State Bank), which had operated in Armenia since 1893. The bank operates under the law adopted on 30 June 1996. It performs all central banking activities, including banking supervision.