Armenia’s financial ombudsperson office levies 28.3 million drams last year in favor of citizens

YEREVAN, January 24. / ARKA /. Head of the Office of Armenia’s Financial Ombudsperson said today it had levied 28.3 million Drams last year in favor of citizens, up from 26 million Drams in the preceding year.

Speaking to ARKA. financial ombudswoman Piruz Sarkisian said the office had to handle an increased number of complaints in 2010, although the amount of financial claims was not too large- the minimum amount of a claim was 1000 Drams (a little less that $3) and the largest was 10 million Drams.

She said some of the claims were satisfied only in part. According to her, 11.8 million Drams were levied from commercial banks, 7.4 million Drams from insurance companies, 3.2 million Drams from crediting organizations and 5.7 million Drams from pawnshops.

Armenia was the first among former Soviet republics to introduce the office of financial ombudsperson in 2009 January after the parliament passed a relevant law. ($1 – 367.39 Drams). -0-

spot_img

POPULAR

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Central Bank of Armenia presented data on sustainable development in the context of financial stability

The Central Bank of Armenia published its "Sustainability Report 2025," presenting approaches to sustainable development in the context of financial stability.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

LATEST NEWS

spot_imgspot_imgspot_img