Armenian Central Bank made changes and amendments in a number of normative documents

Banks

YEREVAN, July 21. /ARKA/. Armenian Central Bank made changes and amendments in a number of normative documents.

Changes were made in Regulation №1 “Registration and licensing of banks and branches of foreign banks, registration of banks and their representation offices, qualification and registration of bank managers and branches of foreign banks”.

CB Board approved Regulation № 8/03.1 “List of information for publication by insurance companies implementing mandatory car insurance”, as well as “Requirements and terms to the insured persons by insurance company”.

During the meeting licenses were provided to “KBM” Ltd, “Gold and GB” Ltd, “Gev-Star” Ltd. and “Akhdakh” Ltd for implementing pawn activity. —0—

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