 Central banks of CIS have a lot to learn from CBAJuly 13, 2009 - 20:06 AMT PanARMENIAN.Net - Among CIS banks, Central Bank of Armenia is the only one to have no liquidity issues, or any financial institutions-related problems, CBA President Arthur Javadyan told a news conference. According to CBA President, in crisis circumstances, a number of CIS banks had to face a liquidity problem. As of today, none of Armenian banks has registered any serious issue or had to be funded. CBA President expressed a hope that the situation will continue into the future. Arthur Javadyan assessed current financial situation in Armenia as best in CIS states.   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 Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months  The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan.Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem."Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan.Family of Ilham Aliyev’s security chief owns vast property in UK As head of security for Azerbaijan’s president, Eyyubov is closely trusted by one of the world’s most authoritarian leaders. |
