  Anelik transfer system drop expected by yearendMay 27, 2009 - 14:53 AMT PanARMENIAN.Net - By the end of the year a drop in Anelik transfer system is expected."Anelik Bank is a bank with its own money transfer system, which functions in more than 200 banks in 100 countries," Anelik Bank President Aram Mkrtchyan said in an interview with PanARMENIAN.Net "It's natural that the crisis affected the bank's activities," he said. "Anelik system functions in many former socialist and Western European countries. Due to the crisis consequences, we expect 10-30% drop by the end of the current year. Besides, some banking processes were frozen, as a result of panic-stricken population," Mr. Mkrtchyan said.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
