Issue Of Introducing Institution Of Bank Ombudsman In Armenia To BeD

ISSUE OF INTRODUCING INSTITUTION OF BANK OMBUDSMAN IN ARMENIA TO BE DISCUSSED IN MAY

Noyan Tapan
Apr 26 2006

YEREVAN, APRIL 26, NOYAN TAPAN. The Union of Armenian Banks (UAB)
will discuss in May the expediency of introduction of the institution
of bank ombudsman in the country. NT correspondent was informed at
the UAB that in accordance with the developed regulations, the bank
ombudsman shall mainly protect the interests of bank customers and
in case of necessity propose the appropriate punitive measures that
the bank should apply against unscrupulous employees. The ombudsman
will also examine complaints about a bank filed by another bank.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS