Five International Organizations Submit Bids For Carrying Out Bankin

FIVE INTERNATIONAL ORGANIZATIONS SUBMIT BIDS FOR CARRYING OUT BANKING ACTIVITIES IN ARMENIA

Noyan Tapan
Jun 15 2007

YEREVAN, JUNE 15, NOYAN TAPAN. Five big international financial
organizations have submitted bids to the Central Bank of Armenia (CBA)
for carrying out banking activities in Armenia. The CBA chairman
Tigran Sargsian told reporters on June 15 that these are a German,
an Austrian, a Lebanese, a Russian and a Dutch company. The Dutch
company is Postfinance that will open Armpostbank in Armenia. According
to T. Sargsian, the CBA is now conducting negotiations with these
companies.

From: Emil Lazarian | Ararat NewsPress

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