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Problems and Prospects of Development of the Banking System in Armenia


Ashot Martirosyan
(about the author)

Martirosyan Ashot Karenovich – Applicant, Department of Economics and Finance, Russian-Armenian (Slavonic) University, Yerevan

Published in:
Creative Economy
– № 1 / January, 2012



Keywords: banking, branches, foreign banks, republic of armenia


Citation:
Ashot Martirosyan (2012). Problems and Prospects of Development of the Banking System in Armenia. Creative Economy, 6(1), 196-202. — url: http://bgscience.ru/com/lib/3385


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Abstract:

The article examines the state of the banking system in Armenia. A way of its development based on attracting branches of foreign banks to the country’s banking market is suggested.







References:
1. Basel committee: Report on the supervision of banks' foreign establishments – Concordat, September, 1975.
2. Punkt 24.2 Polozheniya №2 «O regulirovanii deyatelnosti bankov, osnovnye ekonomicheskie normativy bankovskoy deyatelnosti» Tsentralnogo banka Respubliki Armeniya.
3. Sandoyan E.M. Problemy modernizatsii sistemy bankovskogo regulirovaniya v Armenii: monografiya. – Erevan: Izd-vo RAU, 2007.
4. R. Levine «Foreign Banks, Financial Developments, and economic growth», International Financial Markets: Harmonization Versus Competition, AEI Press, 1996.
5. R. La Porta, F. López-de-Silanes, A. Shleifer. Government Ownership of Banks, United States, Harvard University, 2000.