Thursday, September 6 2012 19:17

Armenia's Central Bank recognizes permission for activity of account and payment system Migom in Armenia invalid


Arminfo. Armenia's Central Bank adopted a decision today to recognize the permission for the activity of the account and payment system Migom in Armenia invalid, press-service of the bank reported. Central Bank cleared out that since 2008 giving no explanation Migom has limited for several branches of the Armenian banks an access to its system.

Central Bank thinks that such a groundless activity threats ability to meet payments, liquidity and stability of the financial system of Armenia.
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