The Armenian banking system is leading

Aysor, Armenia
Sept 19 2009

The Armenian banking system is leading

`We have even recorded a 6% growth of banking portfolio’, – noticed
today the RA CB President Arthur Javadyan on the opening ceremony of
the head department of the `HayBusinessBank’ CJSC.

On the opening ceremony of the head department of the
`HayBusinessBank’ were present the President of Armenian Republic
Serzh Sargsyan, the NKR President Bako Sahakyan, the RA Prime Minister
Tigran Sargsyan, representatives of the political and public elite.

During his welcoming speech Arthur Javadyan, the president of the RA
Central Bank touched upon the present state of the Armenian Banking
system.

He informed that regardless of the global financial crisis during the
last 8 months of this year the Armenian Banking system is not only the
leader in the region but also in CIS countries.