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Tag: Lawmaker

Armenian banks total deposits stand at about 3 trillion drams; lawmaker proposes to raise insured deposit amount

Armenian banks' total deposits stand now at about 3 trillion drams, a Prosperous Armenia party lawmaker Mikael Melkumyan said today when presenting a set of draft amendments to the law on Individual Bank Deposit Insurance

Lawmakers propose to double the amount of insured deposits

A group of Armenian MPs have initiated a legislation calling for doubling the size of insured individual deposits, ‘Hayots Ashkhar’ (Armenian World) newspaper reported