  CBA warns against participating in MMM 2011 financial pyramid April 17, 2012 - 17:39 AMT PanARMENIAN.Net - The Central Bank of Armenia disseminated a message, which warns the population about the operation of MMM 2011 financial pyramid in the republic. According to the CBA message, the scheme’s ideology is based on return of investments with high interest rates in case of attraction of new ones. “CBA doesn’t issue license for pursuing such activity. CBA warns citizens and organizations about the risks the financial scheme poses to loss of significant means and properties,” the message reads. Partner news  Top stories IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices. Edmon Manukyan been addressed by the residents of Armavir and Aragatsotn provinces whose crops have been damaged over a strong hail.   Partner news |  Latest news Artsakh President attends Berdzor town 21st anniv. liberation events  Bako Sahakyan noted the liberation of Berdzor town as an important military, political and psychological victory.200 Azeri ceasefire violations reported May 12-18 200 ceasefire violations by the Azeri armed forces were reported at the line of contact between Nagorno Karabakh and Azerbaijan.Gunmen kill Iraqi police officer's family The recent spike of violence has raised fears that the country might be heading to a new round of sectarian violence.Serzh Sargsyan reelected as Armenian Chess Federation president Armenian President Serzh Sargsyan was reelected to the post of the president of RA Chess Federation for 4 more years. |
