Newsfeed

To mark the 150th anniversary HSBC will allocate US$150m in community projects and local charities

Official investigation of the case against the policeman who had hit an elderly man, is suspended

EEU: The EEU Treaty allows the authorized veterinary bodies of the member-states to unilaterally apply temporary bans and restrictions on the products

Jermuk branch ensured three-fold increase of capture portfolio and became the winner of the contest among the VTB Armenia Bank

Beeline is recruiting local sales experts

"No to Plunder!" Initiating a New Wave of Disobedience

VivaCell-MTS provides broadband Internet, IP telephony and IP TV services to Central Bank's facilities in Dilijan

Turcologist: Aggravation of domestic political situation in Turkey to increase threats to Armenian community

Armen Martirosyan: Heritage leader's stand on constitutional reforms in tune with Heritage Party's stand

Renewed commitment at the highest level needed for Karabakh conflict settlement, Warlick says

Russia is responsible fulfilling its duties in Karabakh peace process

NKR Defense Army repels one more sabotage attack of Azerbaijani troops

Turcologist: Holding Off-Year Parliamentary Elections in Turkey Seeks to Transfer the Country into Presidential Government

VivaCell-MTS and Fuller Center for Housing Armenia Continue Partnership

VII PanArmenian Barbeque Fest to Take Place on Sep 12

Heritage to take no part in discussions on constitutional reforms with President

Stepanakert: NKR Defense Army keeps a tight rein on adversary

Manvel Sargsyan: Constitutional referendum is aimed at destroying the basis of Armenian statehood – the presidency institution

U.S. Ambassador: "One of the most effective drivers of cooperation is common business interests"

Gevorg Kostanyan requests his Azerbaijani colleagues to inquire into death of Armenian citizen Karen Petrosyan

Artak Zakaryan: We will be following Venice Commission's recommendations as much as they will meet our traditions and mentality

VTB Bank (Armenia) most recognizable bank brand in Armenia

Ucom not Clear about Orange Brand Future

Russian Air Carriers to Raise Air Ticket Prices again

Air Armenia Company embarks on second phase of overcoming stress period

Armenian Foreign Ministry has no data so far if there are citizens of Armenia among affected people in storm-stricken Batumi

Regional

Union of Banks of Armenia hosts discussions on development problems of Armenia's financial and banking sector

  • by Emmanuil Mkrtchyan

  • Friday, August 29, 17:32

 On August 28, the Union of Banks of Armenia (UBA) hosted a meeting of the heads of Armenian banks and Armenian Offices of international organizations, namely, World Bank, International Monetary Fund, European Bank for Reconstruction and Development and International Finance Corporation.   

ArmInfo has been told by reliable sources that yesterday, Aug 28, the meeting at the UBA office covered the issues and problems of much importance to the further development of the financial and banking sector of the country. In particular, the participants thoroughly analyzed the problematic draft laws recently put in circulation at the National Assembly of Armenia on the initiative of some lawmakers. The discussions also covered issues related to the activities of the Judicial Acts Compulsory Enforcement Service, the UBA Financial Arbitrage and the judiciary system in general.      

The heads of the banks and international organizations also touched on the problematic issues hindering the development of the Armenian banking system and stressed the need to launch balanced protection of the rights of creditors and borrowers. The participants pointed out the possible solutions to all the specified problems and agreed to continue the cooperation aimed at resolving the arising problems and resisting the new challenges. 

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields