IN 2008 UNION OF BANKS OF ARMENIA IS PLANNING TO ENLARGE ITS INTERNATIONAL COOPERATION WITH FOREIGN PARTNERS

ArmInfo
2008-06-23 17:28:00

This year the Union of Banks of Armenia (UBA) is planning to enlarge
its international cooperation with foreign partners, the president
of the UBA Emil Sogomonyan said during the June 21 annual conference
in Dilijan.

The Union is planning to obtain information from the European Banking
Federation (EBF) and to provide to it to its members as well as to take
part in the EBF’s conferences and seminars. The UBA will actively work
to create favorable conditions for the activities of Armenian banks,
particularly, by improving the legislation and developing the banking
system in cooperation with the Central Bank, the National Assembly
and the Government.

The UBA is planning to carry out a number of projects to enhance
people’s confidence in banks.

In 2007 and in the first half of 2008 the UBA otganized a number
of events, particularly, the meeting of the managers of banks with
the president of Armenia and the "English debates" jointly with
AmRating/GlobalRating Group and USAID.