Activities of the Central Bank of the Republic of Armenia

This subclass includes: - Issuance of the currency of the Republic of Armenia, organization and regulation of money circulation - Development and implementation of the monetary policy of the Republic of Armenia - Banking services of the Government of the Republic of Armenia, financial agency and advisory services - Lender of last resort to the banks of the Republic of Armenia - Licensing of banks (and also, in cases provided for by law, other persons), regulation and supervision of their activities - Regulation and supervision of the activities of the payment and settlement system - Possession, use and management of the international reserves of the Republic of Armenia - Implementation of operations with the International Monetary Fund