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Vice-Chancellor Of Slavonic University: Armenian Banking System Full

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  • Vice-Chancellor Of Slavonic University: Armenian Banking System Full

    VICE-CHANCELLOR OF SLAVONIC UNIVERSITY: ARMENIAN BANKING SYSTEM FULLY RELIABLE AND HEALTHY

    ARKA
    Dec 19, 2008

    YEREVAN, December 19. /ARKA/. Armenian banking system is fully reliable
    and healthy that is a positive result of building high-efficient
    banking regulation and supervision system in the 90ies, vice-chancellor
    for university education development of the Russian-Armenian (Slavonic)
    university Edward Sandoyan said.

    "No similar country can be found in the world today, and I fully
    answer for what I say," he said at "Novosti" International Press
    Center during Moscow-Yerevan-Kiev-Kishinev video-bridge on social
    responsibility of states under the crisis circumstances.

    He pointed out that practically no unreliable or non-standard loans
    exist in the assets of Armenian banks.

    Paying capacity of the banking system and capital adequacy is within
    30% - three times as much as the Basel standards, and no liquidity
    problems exist in the banking system of Armenia, Sandoyan said.
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