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Another protest against banking fraud held in Yerevan

YEREVAN, May 13. /ARKA/. Another protest action by citizens who suffered from banking fraud took place on Tuesday outside the building of the Central Bank of Armenia in Yerevan.

One of the organizers, head of the Public Control NGO Mher Karagyozyan, commented on the recent statement by the Chairman of the Central Bank of Armenia Martin Galstyan on this topic.

“At a recent press conference, Martin Galstyan stated that illegal credit obligations were allegedly cancelled for citizens, which, unfortunately, is not true. The credit line of none of the (victims) was suspended, their obligations continue to be in effect. This worries us very much,” the human rights activist said.

According to him, the number of affected citizens exceeds 10 thousand people, and banks continue to make “illegal demands” on them. Karagyozyan reproached the Central Bank for patronizing banks, emphasizing that the regulator’s duty is to protect citizens, not to serve the interests of commercial organizations.

Karagyozyan said that the protesters intend to organize a march to the Anti-Corruption Committee to express their suspicions and discuss them with representatives of the department.

In recent months, cases of banking fraud have become more frequent in Armenia, in particular, false statements on social networks on behalf of banks allegedly to obtain loans. In this regard, Deputy Chairman of the Central Bank Armen Nurbekyan said that as part of the fight against banking fraud, the issue of tightening some identification requirements, in particular, for online loans, is being discussed. He explained that the possibility of creating a fraud insurance mechanism is currently being considered.

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