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Central Bank Of Armenia Amends Brokerage License Of Leader Brock Lim

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  • Central Bank Of Armenia Amends Brokerage License Of Leader Brock Lim

    CENTRAL BANK OF ARMENIA AMENDS BROKERAGE LICENSE OF LEADER BROCK LIMITED

    ARKA
    April 23, 2008

    YEREVAN, April 23. /ARKA/. The Central Bank of Armenia (CBA) amended
    the brokerage license of Leader Brock Limited ("Straxovoy Broker
    Leader"). The respective decision was made at the sitting of CBA Board
    of Directors presided over by Vice-Chairman of CBA Artur Javadian.

    At the same sitting the Directors Board approved the regulations 4/03
    on reporting to the CBA by people who render investments services. The
    Board has also decided to publish annual statistical guidebooks of
    the Central Bank.

    So far 10 insurance companies and 5 insurance brokers have been
    operating in Armenia.
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