CBA BOARD REGISTERS DECLARATION ON REGISTRATION OF<br /> SECURITIES INCLUDING OFFER OF BONDS BY ELITE GROUP COMPANY<br />


CBA BOARD REGISTERS DECLARATION ON REGISTRATION OF
SECURITIES INCLUDING OFFER OF BONDS BY ELITE GROUP COMPANY

  • 29-01-2008 19:00:00   | Armenia  |  Economy
YEREVAN, JANUARY 29, NOYAN TAPAN. At the January 29 sitting, the Central Bank of Armenia (CBA) Board registered the amendment made in the rules of Central Depositary of Armenia OJSC, made additions in regulations 16 "Licensing of Organizations Carrying Out Money Transfers, Registration of Branches, Regulation of Activities, and Qualification of Management" and in regulations 17 "Licensing of Organizations Carrying Out Processing and Clearing of Payment Instruments and Payment and Settlement Documents, Registration of Branches, Qualification of Management". NT was informed by the CBA press service that based on the CBA Board's decision, Prime Insurance Brokers LLC was re-licensed, Rennaisance LLC was granted a licence for dealer and brokerage sale and purchase of foreign currencies, Astvan LLC' licence for brokerage services was cancelled, and the licence for nonlife insurance granted to First Insuring LLC on November 3, 1997, was recognized as invalid. Besides, the CBA Board made a decision to register the declration on registration of securities including an offer of bonds by Elite Group CJSC.
  -   Economy