YEREVAN, June 17. /ARKA/. Participants of the conference of the Group of Banking Supervisors from Central and Eastern European Countries (BSCEE) discussed global trends in banking supervision in Yerevan, the press office of the Central Bank of Armenia (CBA) reported.

The XXVII annual BSCEE conference on financial stability as basis for sustainable growth was held in Yerevan on June 11-14, chaired by the CBA.

The chairmanship in the BSCEE was transferred to Armenia’s central bank in December 2013.

Over thirty experts of banking supervision from central banks of Armenia, Albania, Austria, Montenegro, Serbia, Estonia, Moldova, Bosnia and Herzegovina, Belarus, Macedonia, Russia, Poland, Bulgaria, Hungary, Czech Republic, Slovakia, Slovenia and Georgia participated in the conference.

The conference touched upon global supervision prospects, Basel III challenges and issues related to macroprudential supervision. Round-table discussions were held in the framework of the conference to discuss approaches used by member-states, urgent issues and possible solutions.

Armenia has been a member of BSCEE Group since 2012. The Group is an important platform for close cooperation and efficient relations between banking supervisions organs, as well as for exchange of experience.

The BSCEE Group was founded in 1991 by banking supervision bodies of 23 countries – Albania, Austria, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Russia, Serbia, Slovak Republic, Slovenia and Ukraine. –0--