Central Bank of Armenia: foreign equity makes 75% of armenian banking system

02.07.2010 11:02
Central Bank of Armenia: foreign equity makes 75% of armenian banking system

YEREVAN, July 2.　/ ARKA /.　The share of foreign capital in Armenia's banking system is 75%, said deputy chairman of the CBA Vache Gabrielyan.　

"Very active, in particular, are the Russian banks. We also have the Western European and other capitals as well," he said at the Seventh Bond Congress of CIS and Baltic countries, held in Yerevan on July 1-2.　

Gabrielyan stressed the importance of government support in establishing a good infrastructure for the development of this business.　

He also noted that the government has achievements and far-reaching plans, which will also promote the development of corporate bond market. - 0 –　


Read the news first and discuss them in our Telegram


Tags: , , Новости Армении АМИ Новости-Армения

Related Posts
Armenian banking system has successfully gone through coronavirus pandemic, war and domestic political crisis – Pashinyan2021-12-28 15:26:19 Armenian banking system has successfully gone through coronavirus pandemic, war and domestic political crisis – Pashinyan
Armenia’s central bank raises refinancing rate by 0.5% to 7.75%2021-12-14 14:31:44 Armenia’s central bank raises refinancing rate by 0.5% to 7.75%
Armenian central bank chairman took part in online forum on covid-19 impact on markets2021-09-28 14:54:00 Armenian central bank chairman took part in online forum on covid-19 impact on markets
Armenian central bank explains why it raised key rate by 0.5 p.p.2021-08-18 13:58:01 Armenian central bank explains why it raised key rate by 0.5 p.p.
Armenian central bank raises key rate by 0.5 p.p. to 7%2021-08-03 16:21:46 Armenian central bank raises key rate by 0.5 p.p. to 7%
Armenia’s Central Bank expects private remittances to Armenia to grow this year by 15-17%2021-06-15 23:28:39 Armenia’s Central Bank expects private remittances to Armenia to grow this year by 15-17%
Armenian central bank raises refinancing rate to 5.5%2021-02-02 15:47:23 Armenian central bank raises refinancing rate to 5.5%
Armenian Central Bank issues commemorative coins dedicated to Cathedral of Holy Etchmiadzin2020-12-21 18:29:57 Armenian Central Bank issues commemorative coins dedicated to Cathedral of Holy Etchmiadzin
Share of non-performing loans in Armenia’s banking system may increase from 6.7% to 10% – central bank2020-12-16 15:19:08 Share of non-performing loans in Armenia’s banking system may increase from 6.7% to 10% – central bank

«
»