Yerevan /Mediamax/. Decrease of prices for real estate in Armenia will not have significant influence on banks, Deputy Chairman of the Central Bank (CB) of Armenia Vache Gabrielyan stated in Yerevan today.

Mediamax reports that Vache Gabrielyan accounted this for small participation of Armenian banks in construction, as well as by their weighted and careful credit policy.

CB Deputy Chairman expressed an opinion that there will not be significant decrease of prices for real estate.

“Undoubtedly, reduction of the number of deals is noticeable in the given market, but this will not influence liquidity, solvency or even profitability of banks”, Vache Gabrielyan stated.