VARDANYAN: INTERESTS ON LOANS AND DEPOSITS TO GO DOWN UNDER QUITE HIGH LIQUIDITY

ARKA
Nov 12, 2009

YEREVAN, November 12. /ARKA/. Ruben Vardanyan, the chairman
of Ameriabank’s directorial board and the head of Troika Dialogue
Group’s directorial board, told journalists on Thursday at the bank
home office opening ceremony that interests on loans and deposits
will surely go down in Armenia under quite high liquidity.

"Any normal financial institution should react to such an abundance
of free cash by driving interest rates down," he said.