Anelik Bank Chairman: 2012 will see no drastic changes

PanARMENIAN.Net - Armenian economy will face new challenges, Chairman of the Board of Anelik Bank noted.

Samvel Chzmachian told a PanARMENIAN.Net reporter that the new wave of the crisis will to certain extent affect Armenian economy, with businessmen and bankers to prepare themselves for upcoming challenges.

Samvel Chzmachian noted that after the meeting with Central Bank of Armenia Chairman it became evident that favorable indices in the whole banking system will remain unchanged till yearend and may even be observed in 2012.

Dwelling on possible increase in lending rates in the face of the crisis, banker noted that every effort should be taken to avoid it, while due to cooperation with international financial institutions (IFC, EBRD) necessary credit funds will be assigned for 2012 and 2013.