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Armenian parliament raises fines imposed on banks for violating customers' rights

24.03.2021 15:09

Armenian parliament raises fines imposed on banks for violating customers' rights

YEREVAN, March 24. /ARКА/. The Armenian parliament has passed today in the second and final reading a bill that raises the amount of fines that may be imposed on commercial banks for violating consumer rights.

Artak Manukyan, an MP from the ruling My Step bloc, a co-author of the bill, said the amount of fine for the first violation within a year has been raised up to 500 thousand drams, but not less than 300 thousand drams.

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Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on Armenian parliament raises fines imposed on banks for violating customers' rights

Tags: Armenia, PARLIAMENT, violating

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