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Armenian Central Bank head off to Greece for BSTDB session

YEREVAN, February 14. / ARKA /. The chairman of Armenia’s Central Bank, Arthur Javadyan and head of financial system development and stability department Andranik Grigoryan have left for nThessaloniki (Greece) to attend a regular session of the governors of the Black Sea Trade and Development Bank (BSTDB ), the Central bank of Armenia said.

It said the session scheduled for February 15 will discuss the election of BSTDB chairman for 2014 – 2018, increase of  the share of member countries in the bank’s capital , as well as other issues.

During the visit, Arthur Javadyan will have meetings with his peers and heads of other financial organizations.

The Black Sea Trade and Development Bank is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine.

BSTDB headquarters is located in Thessaloniki (Greece). BSTDB supports economic development and regional cooperation projects by providing loans, lines of credit and trade financing. M.M.-0-

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