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Armenian Cb To Continue Ambitious Projects

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  • Armenian Cb To Continue Ambitious Projects

    ARMENIAN CB TO CONTINUE AMBITIOUS PROJECTS
    ARKA
    JUne 12

    The Central Bank of Armenia (CBA) will continue implementing ambitious
    projects, CBA Chairman Artur Javadyan told reporters.

    "We will continue out policy of inflation control and floating
    rate. The CBA will continue all the ambitious projects and launch
    new ones," Javadyan told reporters.

    He pointed out the importance of cooperation between the CBA and the
    RA Government, coordination of the monetary and fiscal policies.

    Javadyan added that the CBA will continue its policy of developing
    Armenia's financial system for it to meet the best international
    standards. He also pointed out that large international financial
    organizations are already working in Armenia.

    The HSBC Bank, Rosgosstrakh, Ingosstrakh, NASDAQ OMX are operating
    in Armenia. Armenia's securities market has great potential for
    development, Javadyan said.
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