22.03.2016 13:58
YEREVAN, March 22. /ARKA/. The Central Bank of Armenia has set up a system of differentiated obligatory insurance payments which Armenia's banks transfer to the deposit guarantee fund.
According to the press office of the central bank, an appropriate law has been amended to allow the regulator to set higher obligatory payments for banks, depending on degrees of their exposure to risk.
The regulator considers high interest rates offered by banks for attracting deposits in foreign currencies as risky factor.
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