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Madrid

The banking system is the most established and independent structure in Armenia. President of RA


The President of the Republic Vahagn Khachaturyan received Daniel Azatyan, the President of the Union of Banks of Armenia. Welcoming the guest, the President of the Republic noted that the banking system is the most established and independent structure of Armenia, which has been playing an important role in the stability and development of the country's economy since its creation. particularly emphasized the essential importance of healthy competition in the banking system, which guarantees the continuous improvement and flexibility of the system. Expressing his gratitude for the opportunity to meet, Daniel Azatyan noted that one of the primary goals of the creation of the Union is the impartial protection of the interests of banks in Armenia, as well as the security of the competitive environment in the banking system. During the meeting, Daniel Azatyan presented the President of the Republic with details about the main directions of the Banking Union's activities, and also referred to the ongoing developments in the Armenian banking system, the existing problems and the possibilities of overcoming them. to support the initiatives aimed at the reform and development of the banking sector in the country as much as possible.

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