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CB not going to limit anti-crisis refinancing of Armenian banks' loa

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  • CB not going to limit anti-crisis refinancing of Armenian banks' loa

    CB is not going to limit anti-crisis refinancing of Armenian banks' loans


    10.04.2010


    ArmInfo. The Central Bank of Armenia is not going to limit the
    anti-crisis refinancing of the Armenian banks' loans received from
    external stabilization resources, Chairman of the Central Bank of
    Armenia Artur Javadyan said today when asked by ArmInfo to comment on
    the information that the CB has suspended the refunding of the
    SME-support credits issued in the framework of the Russian
    stabilization loan.

    Javadyan said that the CB has not stopped the financing.

    "The money received from Russia is not over yet. Let's not forget that
    we are also involved in WB and KfW programs. So, we are not short of
    resources," he said.
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