FEDERATION OF EUROPEAN BANKS TO DISCUSS ISSUE OF ARMENIA’S MEMBERSHIP IN 2005 APRIL

YEREVAN, December 21 (Noyan Tapan). The Council of Federation of
European Banks will make a final decision about membership of the
Union of Armenian Banks during the April 1 2005 meeting. According
to the Union of Armenian Banks, the bid of Armenia has already been
approved. The membership to the Federation of European Banks will
permit the Union of Armenian Banks, in particular, to participate in
bank conferences and the World Bank Forum, to enter the database of
Federation of European Banks. At present bank unions of 35 countries
are included in the Federation of European Banks. Only Russia among
the CIS countries is a member of the federation.

From: Emil Lazarian | Ararat NewsPress