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Registration Procedures For Brand Names Of Banks, Credit Institution

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  • Registration Procedures For Brand Names Of Banks, Credit Institution

    REGISTRATION PROCEDURES FOR BRAND NAMES OF BANKS, CREDIT INSTITUTIONS SIMPLIFIED IN ARMENIA

    ARKA
    Feb 12, 2009

    YEREVAN, February 12. /ARKA/. At its sitting today the RA Government
    approved draft amendments to the RA Law "On brand names".

    RA Minister of Economy Nerses Yeritsyan reported that the amendments
    are supposed to settle a number of problems.

    The amendments are to regulate the procedure of preparing applications
    for brand names for banks, credit, investment and insurance
    organizations, as well as the order of submission, discussion and
    registration.

    At present the Central Bank of Armenia (CBA) is entitled to register
    applications for brand names, which is not stipulated by the Law
    "On brand names".

    The law stipulates common procedures of registration of brand names
    by the State Register, said the Minister.
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