Armenian and Russian banking systems managed to resist crisis impact

November 12, 2009 - 18:11 AMT
PanARMENIAN.Net - Notwithstanding the hard situation caused by financial-economic recession, Armenian and Russian banking systems managed to keep situation under control, Troika Dialogue company's board chairman Ruben Vardanyan told journalist today during the official presentation of Ameriabank's head office in Yerevan.



"Despite complicated situation and increased number of unreturned credits. two countries maintained situation under control," he said.



In the meantime, Vardanyan noted that "Banking industry is evidently livening up, and credit capacities increase. Costs are still high of course, but there is money in the system," he added.
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