Government Cooperates With Armenian Banks

GOVERNMENT COOPERATES WITH ARMENIAN BANKS

01.10.2012

Yesterday delegation including chairmen of nine banks from Armenia
arrived in Artsakh. Together with the NKR leadership they discussed
cooperation between the government of Artsakh and bank system and
their further tasks.

The Armenian delegation arrived in Artsakh by helicopter. Guided by
the NKR Prime Minister they had a short tour of Stepanakert airport;
it was a good opportunity for the representatives of bank system to
get acquainted with the large-scale program realized in Artsakh during
last years for which state budget had a recourse to banking capital.

>From the airport the chairmen went to state stock-farm then to
“Artsakhfruit”, which was founded with the assistance of banking
capital.

The bankers were familiarized with other economic projects, then in
Shoushi they discussed their further tasks with the members of the
NKR Government; having estimated the last four-year cooperation with
banks they made a principal decision to continue it.

Two funds of Artsakh – investment fund and village and agriculture
assisting fund cooperate with banks; they assume a role of connecting
link and guarantor between population and banks.

NKR Government Information and Public Relations Department

From: Emil Lazarian | Ararat NewsPress

http://www.karabakh.net/?section=info_center/view&news_id=261

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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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