Samvel Chzmachyan elected president of Armenia’s Union of BanksMay 25, 2013 - 16:03 AMT PanARMENIAN.Net - Anelik Bank board chairman Samvel Chzmachyan has been unanimously elected as the president of Union of Banks of Armenia. He held the post back in 2003 -2006. “I am thankful to Union of Banks of Armenia for entrusting the responsibilities to me. The banking system is considered as one of the most competitive and well-established sectors of Armenia’s economy. We must do the utmost to contribute to the further development of the field,” Mr. Chzmachyan said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |