Chairman of the Association of Russian Banks Garegin Tosunyan paid a visit to Armenia to familiarize himself with the activity of the financial ombudsman’s office in August 2010.

“A month later we learned that a similar office was established Russia,” Armenian financial ombudsman Piruz Sargsyan said.

Besides, she noted that the other CIS member countries also show interest in the activity of the Armenian financial ombudsman’s office.

As to international cooperation, Sargsyan said that the office is collaborating with UK, France and Netherlands.

“Armenia joined the European network of financial arbitrators and ombudsmen in 2009 and attended a FIN-NET meeting in Prague,” she said.

An application for observer status will be soon sent to the office of the European ombudsman.