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Bagrat Asatryan forecasts baking system stability in 2010

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  • Bagrat Asatryan forecasts baking system stability in 2010

    Bagrat Asatryan forecasts baking system stability in 2010
    10.12.2009 15:41 GMT+04:00

    /PanARMENIAN.Net/ Armenian banking system will see relative stability
    in 2009, despite the slump we faced at the beginning of the year,
    former CBA chairman Bagrat Asatryan said.

    As he told the news conference on Thursday, during the first two
    quarters of 2009, the banks were "in the red". `Presently, despite the
    financial crisis, the situation with Armenian banking system became
    stabilized,' Asatryan said. `It will just will see a slight decrease
    in income next year but stability will be preserved.'

    From: Emil Lazarian | Ararat NewsPress
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