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Armenian banking system won't be passive

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  • Armenian banking system won't be passive

    PanARMENIAN.Net

    Armenian banking system won't be passive
    04.04.2009 15:11 GMT+04:00

    /PanARMENIAN.Net/ To watch the situation at domestic market, the
    Central Bank of Armenia carries our weekly monitoring and publishes
    the outcomes obtained, CB chairman said.

    `The CB will offer commercial banks a new loan program in the near
    future,' Arthur Javadyan said, adding that the banks should be
    provided with funds to avoid risks.

    `Loans, especially in national currency, are in demand. Hence, the
    Armenian banking system won't be passive,' he said.
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