Vice-chancellor of Slavonic university: Armenian banking system fully reliable and healthy
19.12.2008,
20:29
Armenian banking system is fully reliable and healthy that is a positive result of building high-efficient banking regulation and supervision system in the 90ies, vice-chancellor for university education development of the Russian-Armenian (Slavonic) univ
YEREVAN, December 19. /ARKA/. Armenian banking system is fully reliable and healthy that is a positive result of building high-efficient banking regulation and supervision system in the 90ies, vice-chancellor for university education development of the Russian-Armenian (Slavonic) university Edward Sandoyan said.
“No similar country can be found in the world today, and I fully answer for what I say,” he said at “Novosti” International Press Center during Moscow-Yerevan-Kiev-Kishinev video-bridge on social responsibility of states under the crisis circumstances.
He pointed out that practically no unreliable or non-standard loans exist in the assets of Armenian banks.
Paying capacity of the banking system and capital adequacy is within 30% - three times as much as the Basel standards, and no liquidity problems exist in the banking system of Armenia, Sandoyan said. –0—
“No similar country can be found in the world today, and I fully answer for what I say,” he said at “Novosti” International Press Center during Moscow-Yerevan-Kiev-Kishinev video-bridge on social responsibility of states under the crisis circumstances.
He pointed out that practically no unreliable or non-standard loans exist in the assets of Armenian banks.
Paying capacity of the banking system and capital adequacy is within 30% - three times as much as the Basel standards, and no liquidity problems exist in the banking system of Armenia, Sandoyan said. –0—
