Armenia’s banking system had record high profit in 2022. PM Pashinyan

18:45,

YEREVAN, JUNE 15, ARMENPRESS. In 2022, the banking system of Armenia had the largest profit in its history, ARMENPRESS reports, Prime Minister Nikol Pashinyan announced at the session of the National Assembly.

"In 2022, the banking system had the largest profit in history. Do we have a role here or not? Of course, we have, because since 2018, the banks of the Republic of Armenia operate only and only on commercial logic. Since 2018, no one can say that he gave a loan to someone or did not give a loan to someone, because he was told by the Government to give a loan to this person, not to give a loan to that person. There cannot be such a case," stressed the Prime Minister.

According to Pashinyan, all this has increased the attractiveness of the banking system.

"The banking system is aggressively developing services in the best sense of the word, and these services are becoming attractive, including in the context of the Government's decisions," concluded Pashinyan.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS