EN
13 July 2009 - 15:06 AMT

Central banks of CIS have a lot to learn from CBA

Among CIS banks, Central Bank of Armenia is the only one to have no liquidity issues, or any financial institutions-related problems, CBA President Arthur Javadyan told a news conference.

According to CBA President, in crisis circumstances, a number of CIS banks had to face a liquidity problem.
As of today, none of Armenian banks has registered any serious issue or had to be funded. CBA President expressed a hope that the situation will continue into the future. Arthur Javadyan assessed current financial situation in Armenia as best in CIS states.