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Armenia’s Central Bank refutes allegations about pensioners’ failure to get their pensions in early January

YEREVAN, January 15. /ARKA/. The Central Bank of Armenia said the rumors than pensioners failed to get their pensions as banks were closed on January 3 and 4, are not true, CBA’s press office reported.

There were no problems with pension payments, says the report.

The press office said on January 3, the ministry of finance transferred 23 billion drams to the central bank for pension payments, and the entire amount was sent to commercial banks then. On the same days the pensions were transferred to the retired. At the same time, on January 3 and 4 Conversebank and VTB Bank (Armenia) provided the funds to Haypost (Armenian Post) so that pensioners can get their pensions in cash.

During the holidays, Armenian banks used a flexible work schedule to provide services to the populations, says the report.

There were 21 commercial banks operating in the territory of Armenia as of January 1, 2015. ($1 – 478.09 драма). -0-

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