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  • NKR President, Armenian bankers discuss development of NKR banking s

    NKR PRESIDENT, ARMENIAN BANKERS DISCUSS DEVELOPMENT OF NKR BANKING SYSTEM

    ARKA News Agency, Armenia
    July 12 2006

    STEPANAKERT, July 12. /ARKA/. President of the Nagorno-Karabakh
    Republic (NKR) Arkady Ghukasyan and representatives of Armenia's
    banking sector discussed issues of comprehensive development of the
    NKR's banking system.

    The NKR presidential press service reports that participating in the
    meeting were Chairman of the Central Bank of Armenia Tigran Sargsyan
    and Chairman of the Union of Banks of Armenia Stepan Ghyshyan.

    The sides discussed issues of expanding the NKR banking sector's
    cooperation with Armenian and foreign partners and of increasing the
    country's credit resources.

    Among other promising spheres of cooperation President Ghukasyan
    proposed the involvement of Armenia's banking sector in renovating
    the health resort infrastructure in Shushi.

    Attending the meeting were also NKR Minister of Territorial
    Administration and Infrastructure Development Armo Tsatryan, Board
    Chairman, Artsakhbank, Kamo Nersisyan, and Head of the Shuhsi regional
    administration Vladik Kasyan. P.T. -0--
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