24.09.2015 14:31
YEREVAN, September 24. /ARKA/. Consolidation of Armenian commercial banks' capital is within the frames of normal economic processes and contains no risk, Tatul Manaseryan, an economist and the head of Alternative Research Center, said at a news conference on Wednesday.
«I take consolidation of banks normally and I don't share fears that many bank employees will lost their jobs creating a social problem,» he said. «Consolidation of banks may drive demand for skilled specialists up.»
In his words, the consolidation process was seen yet before the required minimum size of banks' total capital was increased – many banks were already merging.
Categories: Banks @en, General news, News | Comments Off on Consolidation of Armenian commercial banks' capital is adequate economic process – economist
Tags:
Read more
