THE SITUATION STABLE
Hayots Ashkhar Daily
30 Oct 08
Armenia
According to the President of the Central Bank Arthur Javadyan:
"At the moment negotiations are in process with three banks aimed
at involving credit sums. We have agreement with the International
Financial Corporation and the World Bank.
Large – scale credit lines will be allocated to Armenia during the
coming year, which over again proves that the situation in Armenia’s
banking system is very stable."
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