Wed, 18 February
7.1 C
Yerevan
USD: 376.83 RUB: 4.91 EUR: 446.28 GEL: 140.74 GBP: 512.34

Armenian regulator urges everybody not to disseminate disinformation and says banking system is stable

YEREVAN, May 3. /ARKA/. The Central Bank of Armenia, reacting to some people’s concern over the country’s banking system, issued a statement on Wednesday urging people not to spread disinformation about the state of the banking system.

The regulator says in its statement that, in accordance with the Constitution, the central bank is a nonpolitical, professional organization which has two key goals – stability of prices and financial stability.

In its statement, the central bank says that Armenia’s financial system is an accomplished system and banks have no problems with cash liquidity – their reserves are sufficient, as never before.

“More than that – we are calling on everybody to display restraint and not to disseminate disinformation,” the bank says. “All rumors and unconfirmed information prompt alarming behavior, which strikes at our citizens and their financial resources.”

The regulator says that it keeps things under control and has enough instruments for ensuring stability in Armenia’s financial system.

”We are calling on everybody to be calm and not to display alarming behavior as a result of disinformation,” the bank says.

Pashinyan also called on people block all roads, excluding roads to Artsakh.

On April 23, Serzh Sargsyan, who was appointed by the Armenian parliament as prime minister amid widespread disaffection for him, resigned under the pressure of mass protests against his premiership. On the same day, Armen Sarkissian, Armenian president accepted the government’s resignation.

Yesterday, the Armenian National Assembly didn’t elected Nikol Pashinyan as prime minister.
As many as 45 MPs voted for him, while 56 voted against.

The Armenian National Assembly failed today to hold its regular session because the number of members of the parliament was not sufficient to do it.
Of 105 MPs, 53 are necessary for any session, but only 27 came.
Vahe Enfiajyan, secretary of Tsarukyan bloc’s faction, said that the faction will boycott the session. –0—

spot_img

POPULAR

VTB (Armenia) Opens Renovated Office in Ashtarak

A renovated VTB (Armenia) office has officially opened in Ashtarak. The ceremony was graced by the presence of the bank's management, partners, clients, and special guests from regional branches.

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

Armenia to Receive €120.5 Million IBRD Loan for Tourism Development Program

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img