Yerevan /Mediamax/. Armenian parliament approved today in the second reading// and completely the changes and amendments to the law “On guaranteeing compensation of bank deposits” and “On insolvency of banking, credit organizations and insurance companies”.

Mediamax reports that, speaking on March 17 at the session of the parliament, the Chairman of the Central Bank of Armenia Tigran Sarkisian stated that these legislation reforms are directed to the increase of confidence of the country’s citizens towards the financial structures.

The presented package is elaborated with the participation of German specialists and will allow establishing a single electronic information system at European level.