Yerevan /Mediamax/. Chairman of the Board and Chief Executive Officer of “ARARATBANK” Ashot Osipyan## stated that as a citizen of Armenia and a participant of the financial market, he has a positive attitude towards the idea of establishing a financial center in the country.

Mediamax reports that, speaking at a news conference in Yerevan today, Ashot Osipyan stated that Armenia should, first of all, become a regional financial center, for which all the perquisites are established in the country.

According to him, already later on the country may take the path of transformation into an international financial center. Ashot Osipyan expressed opinion that, to accomplish that, Armenia should increase the level of financial mediation, as well as establish auspicious conditions in the market.

“We should use the existing perquisites, taking into account the great interest of the international financial structures towards the banking sector of Armenia. The participants of the financial market of Armenia feel that interest of the international structures and that the financial market of the country is attractive for them”, Ashot Osipyan stated.

He noted that “the level of knowledge and technologies allows us having such ambitions”, but for their realization one has to go a long and difficult way.