12.06.2019 18:41
YEREVAN, June 12 /ARKA/. The ability of Armenia’s banking sector to absorb risks is quite strong, as evidenced by the sector’s regulations, Andranik Grigoryan, the head of a Central Bank department in charge of stability and development of the financial system, told reporters on June 11.
According to him, last year’s financial risks came largely from the external sector, while macroeconomic developments and growing uncertainty in Armenia’s partner countries still adversely affect its exports and income.
Views: 0
Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Ability of Armenia’s banking sector to absorb risks is quite strong, central bank official says
Tags:
Read more
