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Health-Improvement Measures Of Central Bank Regarding BTA To Positiv

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  • Health-Improvement Measures Of Central Bank Regarding BTA To Positiv

    HEALTH-IMPROVEMENT MEASURES OF CENTRAL BANK REGARDING BTA TO POSITIVELY AFFECT ARMENIAN SUBSIDIARY OF THE BANK

    ArmInfo
    2009-05-25 16:51:00

    ArmInfo. The health-improvement measures of Central Bank of Kazakhstan
    regarding the BTA bank will positively affect its Armenian subsidiary,
    which will continue fulfillment of its programmes in Armenia, Armenian
    Prime Minister Tigran Sarkisyan told ArmInfo correspondent. He also
    added Central Bank of Kazakhstan implemented quite serious actions
    for restoration of the BTA bank and cleaning its balance. He also
    said that they managed to stabilize the state of the bank thanks to
    serious state interference. Today the government of Kazakhstan is
    negotiating with Russian Savings Bank to enter the capital of the BTA
    bank. 'The health-improvement process of the bank will possibly end
    in September. After that the results of the talks with the Savings
    Bank in the matter of the BTA bank sale will become clear.

    If the deal with Savings Bank will take place in future, this will
    mean that the biggest bank of Russia will find itself in Armenia',
    - Tigran Sarkisyan said.
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