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Armenian President Conducts Working Meeting With Chairman Of The Cen

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  • Armenian President Conducts Working Meeting With Chairman Of The Cen

    ARMENIAN PRESIDENT CONDUCTS WORKING MEETING WITH CHAIRMAN OF THE CENTRAL BANK

    ARMENPRESS
    Oct 17, 2008

    YEREVAN, OCTOBER 17, ARMENPRESS: Armenian President Serzh Sargsian
    conducted today a working meeting with the chairman of the Central
    Bank Arthur Javadian.

    Presidential press service told Armenpress that during the meeting
    the sides discussed issues connected with the global financial crisis
    and preventive measures for confronting it.

    A. Javadian presented to the president three variants of preventive
    measures the Central Bank has developed. He assured that there
    exists trust over the banking system in Armenia and it is quite
    capitalized. In the running year the profitability of banks amounted
    19.2 percent.

    During September of the running year 203 million USD entered Armenia
    as transfers. The chairman of the Central Bank assured that Armenia
    has enough potential for confronting crises and preventing them.

    Serzh Sargsyan tasked the chairman of the Central Bank to have under
    the limelight the developments registered in the international markets,
    their possible influence on Armenia's financial system and report
    every week about every changes.

    From: Emil Lazarian | Ararat NewsPress
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