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Credit burden of Armenian consumers will be limited by law

29.11.2019 17:47

Credit burden of Armenian consumers will be limited by law

YEREVAN, November 29. /ARKA/. The credit burden of Armenian consumers will be limited by law, Armenuhi Mkrtchyan, head of the Center for Consumer Rights Protection and Financial Education of the Central Bank, said at a parliamentary hearing on credit policy and financial literacy.

She said a new regulation is being developed aimed at protecting consumer rights. It will set the maximum ratio between credit and income of borrower.

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Armenian law to penalize companies for advertising of financial services without central bank’s license

04.06.2019 11:48

Armenian law to penalize companies for advertising of financial services without central bank’s license

By a vote of 111 to no against and abstentions, Armenia’s National Assembly has passed today in the second and final reading a bill on making a set of amendments to the Law on Administrative Offenses, which provide for introduction of fines for advertising of organizations which provide financial services without Central Bank’s licenses

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Armenian draft law bans former convicts from holding some positions

21.03.2019 17:57

Armenian draft law bans former convicts from holding some positions

A set of amendments to the laws on insurance and insurance activities, on payment and settlement systems and organizations

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Law on Panarmenian Bank voided by Armenian authorities – media

15.03.2019 18:58

Law on Panarmenian Bank voided by Armenian authorities – media

The Armenian authorities intend to void the Law on Panarmenian Bank, Zhamanak reports

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Armenian law to rule out abuse in securities market

06.12.2016 17:27

Armenian law to rule out abuse in securities market

Armenia’s Parliament at a meeting on Tuesday passed in the second and final reading a set of amendments to the law “On the Securities Market” and a number of related laws

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Amended law rises health insurance payments by 40 percent

15.04.2011 14:50

Amended law rises health insurance payments by 40 percent

Amended law rises health insurance payments by 40 percent.

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Armenian parliament passes at first reading amendments to bankruptcy law

14.12.2010 19:15

Armenian parliament passes at first reading amendments to bankruptcy law

On Tuesday, Armenian National Assembly passed at the first reading amendments to the bankruptcy law.

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President of Armenia Signed The Amendments on The Increase of The Size of Guaranteed Banking Deposits

14.07.2010 09:48

 President of Armenia Signed The Amendments on The Increase of The Size of Guaranteed Banking Deposits

President of Armenia signed a law on making changes and amendments in the law “On guaranteeing compensations of banking deposits of physical entities”.

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