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Central Bank to Publish List of Trade Banks Fined by Central Bank

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  • Central Bank to Publish List of Trade Banks Fined by Central Bank

    CENTRAL BANK TO PUBLISH LIST OF TRADE BANKS FINED BY CENTRAL BANK

    Lragir.am
    24 March 06


    The Central Bank of Armenia is going to publish the list of the trade
    banks, fined by the Central Bank, and is waiting for the decision of
    the Association of Banks of Armenia, said the president of the Central
    Bank of Armenia Tigran Sargsyan to our reporter. The reason of the
    Central Bank's decision is that after appearing in press the `naughty'
    banks will fear losing customers and will act with more compliance
    with the law. And if the banks oppose, the Central Bank will turn to
    the mass media, said Tigran Sargsyan.
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