YEREVABN, APRIL 18, ARMENPRESS. Armenia's financial system continued to rise in the previous year, simultaneously maintaining stability and the necessary flexibility to withstand the possible risks. At a press conference Andranik Grigoryan – the Head of the Financial System Policy and Financial Stability Department of the Central Bank of Armenia, told about this, presenting a report on the financial stability of the Republic of Armenia. He noted, that among the risks arising from macroeconomic environment, the uncertainties connected with the maintenance of the low level of global demand and the future geopolitical developments are up-to-date. "As a result of the stress tests, Armenia's banking system has adequate liquidity and capitalization, to absorb the impact of the risks in shock situations. In comparison with the previous year, the growth rate of the banking system loans has slowed down, resulting in a tangible growth of the liquidity of the banking system in the conditions of the maintenance of the progressive trends of deposits” – as reports “Armenpress”, citing Grigoryan.