No Crisis Bites Armenia’s Financial Market: CBA

NO CRISIS BITES ARMENIA’S FINANCIAL MARKET: CBA

ARKA
Dec 22, 2008
YEREVAN

Armenia’s financial market has not been crippled by the crisis,
reported Deputy Chairman of the Central Bank of Armenia (CBA) Vache
Gabrielyan.

"No ill effects of the crisis have been observed in Armenia,"
Gabrielyan said, adding the signs of strain are far from being
a crisis.

The CBA deputy chairman considered necessary to study specifics of
local economy in order to combat possible influence of the global
crisis on Armenia.