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Armenia’s central bank announces third "My Money Month" program

31.03.2016 19:10

Armenia’s central bank announces third

YEREVAN, March 31. /ARKA/. Armenia's Central Bank has announced today the launch of the third "My Money Month" program, designed to strengthen the trust of the Armenian population in local financial institutions.

The Central Bank  has developed measures to inform the population about existing safety systems in the financial sector, to illustrate the risks inherent in taking loans and to show ways how to generate financial assets with the help of simple budget planning tools.

"According to a survey, almost 45% of the population do not plan their income and expenses, and 60% who have savings,  keep them at homes,",  a member of the Central Bank Board  Armenak Darbinyan said at the event.

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