DEADLINE FOR GROUP EXMANINING PROBLEM OF FROZEN DEPOSITS WITH
ARMECONOMBANK EXTENDED FOR TWO MONTHS
YEREVAN, JUNE 4, NOYAN TAPAN. The deadline for the submission of a
conclusion by the working group examining the problem of RA citizens’
frozen saving deposits with Armeconombank was extended for another
two months – from June 1 to August 1. Head of the Group, Chairman of
the RA Securities Commission Eduard Muradian announced this at the
June 3 press conference. According to him, extra time is needed for a
more detailed analysis of the problem – in particular, it is envisaged
to examine other CIS countries’ experience in this matter. To recap,
the Group, which was set up under the decree signed by RA President
Robert Kocharian on February 3, is composed of 13 members, mainly
representatives of the Central Bank of Armenia and various ministries.