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  • Mkrtich Buldukyan: 'RA Financial-Banking System Has The Potential To

    MKRTICH BULDUKYAN: 'RA FINANCIAL-BANKING SYSTEM HAS THE POTENTIAL TO DEVELOP QUICKER'

    ARMENPRESS
    OCTOBER 18, 2010
    YEREVAN

    YEREVAN, OCTOBER 18, ARMENPRESS: The financial-banking system of
    Armenia has the potential to develop quicker, according to Mkrtich
    Buldukyan, former deputy head of Lebanon's Central Bank. He said
    today at a meeting with journalists within the framework of the First
    All-Armenian Forum of Financiers and Bankers that it is necessary
    to undertake every step to keep the trust in banks and raise its
    authority.

    'I have been working in this sphere for many years and I am sure that
    the main value of prosperity of banks is trust and authority. In this
    case many investments will be made and the volume of deposits will
    increase. It is necessary to have open borders for the development
    of financial-banking system. Armenia faces this problem, as it does
    not have open borders with 2 neighbors,' Mkrtich Buldukyan said.

    He expressed hope that the forum will give an opportunity to
    representatives of financial-banking system of Armenia and other
    states to get acquainted with the existing opportunities, to make
    clear the further activities.

    Astghik Purmayan, representative of the French 'NEXGEN'
    financial organization, said she is not well-acquainted with the
    financial-banking system of Armenia. 'Our organization wanted
    to partake in this forum so much, as it is an opportunity to get
    acquainted with the operation of the system, its achievements and
    issues. Besides, we can be of some help in the development of the
    financial-banking system of Armenia. We can exchange experience and
    become a link between the banks of Armenia and such organizations of
    other states,' Astghik Purmayan said.

    Sargis Bedoyan, representative of the French 'Marceau' financial
    organization, said the financial-banking system of Armenia is good
    and has a successful legislative field. 'The Diaspora should support
    the development of this system in Armenia. The Armenian financiers,
    working abroad, have good experience and knowledge. We must invest
    this richness for the benefit of our country and its society. I
    am sure that after this forum concrete steps will be undertaken,'
    Sargis Bedoyan said.




    From: A. Papazian
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