Regulatory Alerts2025-06-13 | 8551Central Bank of Armenia Resolution No. 93-N Amending Prudential Standards for Credit Risk Calculation
The Central Bank of the Republic of Armenia issued Resolution No. 93-N to revise the criteria for selecting rating organizations used in calculating credit risk under its prudential standards. The resolution establishes strict eligibility requirements for external rating organizations, including minimum capital, independence, and operational history, and mandates a Governor-approved recognition process for their ratings. Additionally, it imposes a 50% higher risk weight on claims assessed by these newly recognized organizations to ensure stricter capital adequacy.
Share