CENTRAL BANK TO PUBLISH LIST OF TRADE BANKS FINED BY CENTRAL BANK

Lragir.am
24 March 06

The Central Bank of Armenia is going to publish the list of the trade
banks, fined by the Central Bank, and is waiting for the decision of
the Association of Banks of Armenia, said the president of the Central
Bank of Armenia Tigran Sargsyan to our reporter. The reason of the
Central Bank’s decision is that after appearing in press the `naughty’
banks will fear losing customers and will act with more compliance
with the law. And if the banks oppose, the Central Bank will turn to
the mass media, said Tigran Sargsyan.