CB is not going to limit anti-crisis refinancing of Armenian banks’ loans

10.04.2010

ArmInfo. The Central Bank of Armenia is not going to limit the
anti-crisis refinancing of the Armenian banks’ loans received from
external stabilization resources, Chairman of the Central Bank of
Armenia Artur Javadyan said today when asked by ArmInfo to comment on
the information that the CB has suspended the refunding of the
SME-support credits issued in the framework of the Russian
stabilization loan.

Javadyan said that the CB has not stopped the financing.

"The money received from Russia is not over yet. Let’s not forget that
we are also involved in WB and KfW programs. So, we are not short of
resources," he said.