A LEBANON BANK IS GOING TO FUNCTION IN ARMENIA

October 31, 2000 - 18:53 AMT
PanARMENIAN.Net - 31.10.2000, MEDIAMAX, YEREVAN. Lebanon banks are interested in Armenian market, and one of biggest Lebanon banks will appeal to the Central Bank of Armenia in the nearest future for a permission to work in the country, said Director of the Central Bank of Lebanon Riad Salamekh at the meeting with Armenian Prime Minister Andranik Margarian, as was reported to Mediamax in the press service of the government of Armenia.

Margarian said that drawing Lebanese capital to the economy of Armenia could greatly promote its development. Riad Salamekh noted that in case of active cooperation in financial sphere Lebanon may serve as "gates" for Armenia to the Near East and Armenia may become a "link" between the CIS states and Lebanon.

President of Armenia Robert Kocharian, who met today with Riad Salamekh, said that Armenian-Lebanese cooperation in banking sphere, which started a few years ago, has already shifted to more practical field. President Kocharian also said that Armenia has all the necessary potential to become a bank center in the region. -0-
 Top stories
Azerbaijani President travels to MoscowAzerbaijani President travels to Moscow
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Azerbaijan admits death of 192 soldiers in Karabakh offensiveAzerbaijan admits death of 192 soldiers in Karabakh offensive
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Azerbaijan increasing defense spending for 2023 by $650 millionAzerbaijan increasing defense spending for 2023 by $650 million
In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million).
Moscow could recognize those who speak Russian as Moscow could recognize those who speak Russian as "compatriots"
The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".
Partner news
 Articles
Compassion is key, no matter what

An Italian photojournalist’s journey through the pandemic

 Most popular in the section
Global toll of mysterious hepatitis in children rises to 650 cases
Monkeypox does not pose a Covid-style risk, top health execs say
Sinjar becomes latest flashpoint for Iran-Turkey tensions in Iraq
Turkey-Syria earthquake death toll passes 15,000
Home
All news
Overview: Armenia and world
Archive for October 31, 2000
Other news in this section
 Latest news
Atom Egoyan film coming to Golden Apricot Yerevan Festival Canadian-Armenian filmmaker Atom Egoyan’s latest film, Seven Veils, is the opening film at GAIFF 2024.
Armenia denies more of Azerbaijan’s ceasefire violations Yerevan has denied statements from Baku accusing the Armenian army of violating the ceasefire on the border with Azerbaijan.
Israel warns of “serious consequences” after Armenia recognizes Palestine Dmitry Gendelman said the move will have “serious long-term consequences” for Israel-Armenia relations.
French envoy travels to Armenia’s Syunik French ambassador to Armenia Olivier Decottignies visited the town of Goris in the country’s southern Syunik province.
---