CBA DOES NOT INTERFERE WITH COMMERCIAL BANKS’ CREDIT POLICY

PanARMENIAN.Net
05.05.2009 20:08 GMT+04:00

/PanARMENIAN.Net/ Banks are interested in working with solvent clients,
CBA Chairman Arthur Javadyan told a news conference in Yerevan. "Banks
today wish to work with so-called "healthy" clients," he said.

According to CBA Chairman, if banks change crediting terms for clients
who had credit coverage issues in past, they’ll find themselves in a
difficult situation. "This might bring to credit write off delays,"
Javadyan noted.

"CBA does not interfere with commercial banks’ credit
policy. International experience proved such interferences as totally
unfounded," CBA Chairman added.