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Deposit Insurance Agency, Armenian Deposit Guarantee Fund sign MOU

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  • Deposit Insurance Agency, Armenian Deposit Guarantee Fund sign MOU

    SKRIN Market & Corporate News
    April 4, 2008 Friday 4:44 PM GMT



    Deposit Insurance Agency and Armenian Deposit Guarantee Fund sign MOU



    State Corporation "Deposit Insurance Agency" (DIA) and Armenian
    Deposit Guarantee Fund signed Memorandum of Understanding and
    Cooperation (MOU) in Feb. The parties confirmed their intent to
    further develop bilateral cooperation and interaction on issues of
    enhancement deposit insurance systems in their respective countries
    on the basis of exchanging experience and information about banking
    system operations in the Russian Federation and republic of Armenia.

    The MOU stipulates possibility of establishing joint working groups,
    as well as conducting seminars and consultations on issues of mutual
    interest. Previously similar MOU were executed with Polish Deposit
    Guarantee Fund and Deposit Insurance Fund of Bulgaria, DIA said.
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