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CBA CHAIRMAN SAYS ARMENIA'S FINANCIAL SITUATION STABLE
ARKA
oct 29, 2008
YEREVAN, October 29. /ARKA/. Armenia's financial situation is stable,
Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan today
told journalists, underlining excess liquidity and capitalization of
local banks.
Armenia has not felt the bites of the global financial crisis yet,
according to the CBA Chairman.
"We have prepared to fight the crisis, and we are planning to make
precautions against the global tailspin," Javadyan added. The CBA
Chairman said foreign investments in Armenia would bring a considerable
profit.
ARKA
oct 29, 2008
YEREVAN, October 29. /ARKA/. Armenia's financial situation is stable,
Chairman of the Central Bank of Armenia (CBA) Arthur Javadyan today
told journalists, underlining excess liquidity and capitalization of
local banks.
Armenia has not felt the bites of the global financial crisis yet,
according to the CBA Chairman.
"We have prepared to fight the crisis, and we are planning to make
precautions against the global tailspin," Javadyan added. The CBA
Chairman said foreign investments in Armenia would bring a considerable
profit.