Eurasian Development Bank to open representation in Armenia

In 2008, Armenia applied for EDB participation, with bank council confirming Armenia’s membership in December 2008. The agreement on Armenia’s membership was ratified by the Armenian parliament on Feb. 3, 2009.

As CBA President Artur Javadyan stated that EDB office in Armenia will be offering a full range of financial services, as well as those of attracting investments from legal persons.

CBA President suggested introducing a point stipulating that EDB banking activities in Armenia are agreed with CBA, without a necessity of licensing.


/PanARMENIAN.Net/