Armenia’ banking industry records best performance in CIS and Eastern Europe in 2009March 5, 2010 - 17:24 AMT PanARMENIAN.Net - Armenia’ banking industry records best performance among CIS and Eastern Europe in 2009, Arthur Javadyan , chairman of the Central Bank of Armenia told a press conference in the city of Dilijan (Tavush region of Armenia). "This was also reflected by recent international reports testifying that Armenia’ financial system, and in particular the banking industry are in a stable state, are the most transparent and have the potential to face the challenges of the crisis that," he added. According to experts’estimations, Armenia is in the final stage of overcoming the financial and economic crisis. 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 | Armenia-Azerbaijan: Turkey wants deal after “positive developments” Turkey hopes “positive developments” in negotiations between Armenia and Azerbaijan will lead to an agreement. Police try to impede Armenian Church head’s access to war memorial Police tried to stop the supreme head of the Armenian Apostolic Church, Catholicos Karekin II, from visiting a war memorial. Greece says ready to help as Armenia fights flooding consequences Greece is ready to assist Armenia in combatting the consequences of deadly floods in the country’s north. “He will leave”: Protest leader no longer demands meeting with Pashinyan Archbishop Bagrat Galstanyan no longer demands a meeting with Armenian Prime Minister Nikol Pashinyan. |