Javadyan attends regular annual session of bank for international settlements in Basel, Switzerland

Banks

YEREVAN, July 1. /ARKA/. Arthur Javadyan, chairman of the Central Bank of Armenia, has attended a regular annual session of the Bank for International Settlements in Basel, Switzerland, the press office of the regulator reported on Monday.

Javadyan met with his Chinese, Dutch and Russian counterparts in Basel and outlined prospects for further cooperation on the sidelines of the session.

Representatives of central banks of more than 100 countries gathered in Basel for the session.

The Bank for International Settlements was established in 1930 by an intergovernmental agreement between Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland.

The bank provides support in ensuring monetary and financial stability. Its members are 60 central/ national banks. -0—-

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