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Bagrat Asatryan forecasts baking system stability in 2010

Bagrat Asatryan forecasts baking system stability in 2010
10.12.2009 15:41 GMT+04:00

/PanARMENIAN.Net/ Armenian banking system will see relative stability
in 2009, despite the slump we faced at the beginning of the year,
former CBA chairman Bagrat Asatryan said.

As he told the news conference on Thursday, during the first two
quarters of 2009, the banks were "in the red". `Presently, despite the
financial crisis, the situation with Armenian banking system became
stabilized,’ Asatryan said. `It will just will see a slight decrease
in income next year but stability will be preserved.’

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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