Daily Archives: May 14, 2013

Three-day discussion of Basel III essential principles launched today in Yerevan

A three-day seminar was launched today in Yerevan for discussing Basel III essential principles, the press office of the Central Bank of Armenia reports

Chairman of Union of Banks Armenia says majority of Armenians are financially illiterate

Ashot Osipyan, the chairman of the Union of Banks of Armenia, said today the majority of Armenian citizens are financially illiterate and that is why a competent analysis

ARKA News Agency awarded certificate of honor for actively covering banking and financial spheres

ARKA News Agency was awarded Tuesday the certificate of honor by the Union of Armenian Banks for its active participation in the comprehensive coverage of economic, financial and banking developments in the republic

Anelik Bank offers new type of deposits – Beneficial

Anelik Bank offers a new type of deposits, Beneficial, to individuals, the bank’s press office told ARKA News Agency on Tuesday

ECB’s asmussen wants single bank supervision, resolution next year:Reuters

European Central Bank policymaker Joerg Asmussen threw his weight behind demands by France and the European Commission for the swift establishment of a single supervisory authority and resolution regime for euro zone banks next year

Cyprus receives 1st bailout payment: Examiner

Cyprus's first aid payment has been officially approved by the European Stability Mechanism, the unit responsible for providing funding for euro-area bailouts