ARMENIA – REAL CHANCES TO BECOME REGIONAL CENTER

Panorama.am
20:45 24/05/2008

Armenia has quite realistic chances to become regional financial
center, said the president of Armenia Serzh Sargsyan in the opening
ceremony of finance-banking first conference conducted in Dilijan. The
president said that he believes in that perspective and that they
should direct their activities to gain that missionsin the nearest
years.

"We should invest the international experience and new methods of
service in the finance market," said the president. In this regard he
has highly evaluated the entrance of Stockholm bourse in the Armenian
fund market.

President Serzh Sargsyan said that in the future when the responsible
of the current field present the reports they should not only compare
the data with the regional countries but state how much closer we do
stand to the international standards.

According to the president the development of finance-banking branch
in Armenia can become a "locomotive" of the other branches and result
in the creation of new branches.