Saturday, April 10 2010 16:31

CB is not going to limit anti-crisis refinancing of Armenian banks' loans


ArmInfo. The Central Bank of Armenia is not going to limit the anti-crisis refinancing of the Armenian banks' loans received from external stabilization resources, Chairman of the Central Bank of Armenia Artur Javadyan said today when asked by ArmInfo to comment on the information that the CB has suspended the refunding of the SME-support credits issued in the framework of the Russian stabilization loan.

Javadyan said that the CB has not stopped the financing.

"The money received from Russia is not over yet. Let's not forget that we are also involved in WB and KfW programs. So, we are not short of resources," he said.
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