Central bank of Armenia registers bureau of car insurers

Insurance

YEREVAN, June 29. /ARKA/. The Central Bank of Armenia has registered Bureau of Car Insurers, the union of legal entities, the central bank’s press office reported on Monday.

The central bank’s board has also decided to provide a license to SAS Group’s branch #6 for carrying out forex operations.

On May 18, Armenian National Assembly passed the bill on mandatory car insurance.
This law is to take force on Jan 1, 2011.-0—

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