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Deadline For Group Exmanining Problem Of Frozen Deposits WithArmecon

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  • Deadline For Group Exmanining Problem Of Frozen Deposits WithArmecon

    DEADLINE FOR GROUP EXMANINING PROBLEM OF FROZEN DEPOSITS WITH
    ARMECONOMBANK EXTENDED FOR TWO MONTHS

    YEREVAN, JUNE 4, NOYAN TAPAN. The deadline for the submission of a
    conclusion by the working group examining the problem of RA citizens'
    frozen saving deposits with Armeconombank was extended for another
    two months - from June 1 to August 1. Head of the Group, Chairman of
    the RA Securities Commission Eduard Muradian announced this at the
    June 3 press conference. According to him, extra time is needed for a
    more detailed analysis of the problem - in particular, it is envisaged
    to examine other CIS countries' experience in this matter. To recap,
    the Group, which was set up under the decree signed by RA President
    Robert Kocharian on February 3, is composed of 13 members, mainly
    representatives of the Central Bank of Armenia and various ministries.
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