Financial crisis won't affect ACBA-Credit Agricole Bank
ACBA-Credit Agricole Bank has not suffered losses over the global economic crisis, the bank's executive director said.
"The bank continues granting loans, although the amount has decreased," Stepan Gishyan said.
Armenia's financial system can withstand the global economic crisis, according to him.
As to the doubts that the bank's cooperation with French Credit Agricole will weaken, Mr. Gishyan said that the crisis is a temporary phenomenon and cooperation will strengthen.
"The bank continues granting loans, although the amount has decreased," Stepan Gishyan said.
Armenia's financial system can withstand the global economic crisis, according to him.
As to the doubts that the bank's cooperation with French Credit Agricole will weaken, Mr. Gishyan said that the crisis is a temporary phenomenon and cooperation will strengthen.
