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Armenia Registers Progress In The Field Of Consumer Right Protection

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  • Armenia Registers Progress In The Field Of Consumer Right Protection

    ARMENIA REGISTERS PROGRESS IN THE FIELD OF CONSUMER RIGHT PROTECTION

    ARMENPRESS
    2 July, 2012
    YERVAN

    YEREVAN, JULY 2, ARMENPRESS: Current year World Bank launches "Consumer
    protection and financial literacy" studies. The aim of the program
    is to identify the existing issues and develop ways to solve them
    effectively, Armenpress reports.

    As deputy head of Armenian Central Bank Nerses Eritsyan stated ,
    the issues on the protection of financial system consumer rights are
    being discussed at the global level, high evaluating the importance
    of Raising awareness.

    "Armenian Central Bank did not exempt from all that and embarked a
    series of events since 2007 creating Consumers' Rights Protection and
    Market Conduct Department , establishing Financial System Mediator
    Office" Eritsyan noted.

    In the words of the interlocutor financial educational national
    strategy is being established which uniting the efforts of all the
    stakeholders, is aimed to promote the efficiency of the measures
    taken in financial education.

    World Bank consultant Thomas Pruzan presenting the studies stated that
    in accordance with the preliminary results Armenia has registered
    considerable success in protection of financial services consumer
    rights.


    From: Baghdasarian
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