Mediamax , Armenia
Aug 14 2008

Banks in Karabakh disconnected from money transfer companies

Yerevan, 14 August: The branches of the Armenian commercial banks
functioning in Stepanakert are disconnected from Western Union and
MoneyGram, the systems of the money transfer companies, Artsakhbank
and branches of Unibank and Armeconombank in Stepanakert told Mediamax
today.

On 13 August the Azerbaijani media informed that the authorities of
the country decided to resume the work of Western Union and Moneygram
in Azerbaijan after these companies "stopped their illegal activities
in the occupied territories".