Tag Archives: government assurances

Armenian Central Bank Sanguine about Global Crisis

YEREVAN (RFE/RL)–The chairman of the Central Bank of Armenia (CBA) on Friday echoed government assurances that the global financial crisis will not spill over into the Armenian banking sector. Artur Javadian told President Serzh Sarkisian that Armenian banks continue to be trusted by the population and have sufficient capital to avoid major losses. “The CBA

Armenia and the Global Financial Crisis

YEREVAN (RFE/RL)–The chairman of the Central Bank of Armenia (CBA) on Friday echoed government assurances that the global financial crisis will not spill over into the Armenian banking sector, echoing assurances made earlier this week by Armenia’s Prime Minister that Armenia would be able to "weather the storm," caused by worsening downward spiral of the

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