Annual Report 2019
SECURITIES MARKET
REGULATION
In
pursuit of boosting up the domestic securities market, the
Central Bank started working on a capital market
development project. This will consist of key measures and
actions for the development of the capital market, implementation
schedules and parties responsible. Aimed at creating new tools, the
project will facilitate investment of the country's savings into the real
sector of economy, while enabling the population to participate in
investment plans in the country and benefit such participation through
income generation.
PAYMENT AND SETTLEMENT
SYSTEM REGULATION
In
2019 activities of the Central Bank were further steered to
the development and reliability of payment and settlement
systems, expanding of the volume of non-cash
and improving the payment and settlement systems regulatory
framework.
Electronic payment system
In the reporting period, the value of money transfers via the
electronic payment system has grown by 30.3% as compared to the
previous year, amounting to AMD 20008 billion and the number has
increased by 6.6% to 3741589 transfers.
ANNUAL
REPORT 2019
41
COOPERATION WITH I
NTERNATIONAL ORGANIZATIONS
INSTITUTIONAL
DEVELOPMENT
OTHER OBJECTIVES OF
THE BANK
MAIN
CENTRAL BANK OF
OBJECTIVES
THE REPUBLIC OF ARMENIAView entire presentation