  CBA bans Russian payment system in Armenia October 9, 2012 - 13:49 AMT PanARMENIAN.Net - The Central Bank of Armenia (CBA) board has resolved to declare Zolotaya Korona Russian payment system’s license for transactions in the Republic of Armenia expired. According to CBA official website, the inspections revealed that Zolotaya Korona has repeatedly restricted Armenia-based banks’ access to its payment system without issuing any explanation. The CBA filed a note to the operator, urging it to immediately fix the problem. The payment system was also warned of the possible consequences in case of failing to address the violations. Seven partner banks currently make money transfers through Zolotaya Korona system, with 260 outposts operating in the republic.   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 |  Latest news Ucom Celebrates Telecommunication Day  May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865.Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan.Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |
