Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan left for the Russian capital to attend a meeting of Moscow Interstate Bank Council.

According to the CBA press office, election of Interstate Bank president, the activity carried out by the bank in 2009, annual financial report, profit distribution and transfer to financial accountability international standards will be in focus.

Besides, development of the payment and account system, the bank’s development ideology and mission, expansion of bank’s investment instruments will be discussed.

Moscow Interstate Bank is an international financial organization founded in 1993 by 10 CIS countries. The bank mainly focuses on the problems CIS countries experience when cooperating in the financial sector.