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Vardanyan: Interests On Loans And Deposits To Go Down Under Quite Hi

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  • Vardanyan: Interests On Loans And Deposits To Go Down Under Quite Hi

    VARDANYAN: INTERESTS ON LOANS AND DEPOSITS TO GO DOWN UNDER QUITE HIGH LIQUIDITY

    ARKA
    Nov 12, 2009

    YEREVAN, November 12. /ARKA/. Ruben Vardanyan, the chairman
    of Ameriabank's directorial board and the head of Troika Dialogue
    Group's directorial board, told journalists on Thursday at the bank
    home office opening ceremony that interests on loans and deposits
    will surely go down in Armenia under quite high liquidity.

    "Any normal financial institution should react to such an abundance
    of free cash by driving interest rates down," he said.
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