YEREVAN, March 25, /ARKA/. European Bank for Reconstruction and Development (EBRD) has accomplished development of a corporate governance code and will present it to Armenian companies, banks, regulating bodies and non-governmental organizations, Valeriu Razlog , head of EBRD Yerevan office said March 24 in Yerevan.

He said the code will be posted on the official websites of Armenian ministry of economy, Central Bank of Armenia and EBRD.

“The code is being now translated into Armenia,’ he said Wednesday. “We have not developed a new legislation, but added certain provisions aimed at improving corporate governance in the Armenian companies in line with international standards," he said in Yerevan after the second session of the forum dedicated to the fighting corruption.

Categories: Banks @en, News | Comments Off on EBRD to present corporate governance code in April 2010 in Armenia

Tags: Armenia, EBRD, GOVERNANCE

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