14.07.2010 09:48
YEREVAN, July 13. /ARKA/. On July 7, Serzh Sargsyan, President of Armenia signed a law on making changes and amendments in the law “On guaranteeing compensations of banking deposits of physical entities”.
The given changes were approved by the Armenian national Assembly on June 24, 2010. The changes envisage increase of the size of guaranteeing the currency deposits of the citizens in drams up to 1 million drams versus former 2 million and 1 million drams accordingly.
Board of Trustees of guaranteeing deposits, which consists of representatives of the government, Parliament German Bank KfW and commercial banks of Armenia, will review the sizes of guaranteeing the deposits once in five years.
Categories: Banks @en, General news, News, News of the hour | Comments Off on President of Armenia Signed The Amendments on The Increase of The Size of Guaranteed Banking Deposits
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