YEREVAN, MAY 20, NOYAN TAPAN. At the May 20 sitting of the Central Bank of Armenia (CBA) Board, which was conducted by the CBA deputy chairman Artur Javadian, a decision was made to register Rosgosstrakh-Armenia company and grant it a licence for nonlife insurance of the following types: accident insurance, cargo insurance, overland transport insurance (except for railway), fire and natural disaster insurance, insurance of other damage to property, insurance of responsibility for the use of overland transport means, insurance of overall responsibility. According to a press release of the CBA, the CBA Board approved the execution of the 2007 annual program and the 2008 1st quarterly program on expenditure budgets and capital investments of the CBA, as well as the CBA's financial report for 1st quarter, 2008. By the CBA Board's decision, Depi Tun LLC was provided permission for participation in Faster and Blizko payment and account systems, MG Pay System CJSC was granted a licence for money transfers, and Mitra Insurance and Reinsurance Broker LLC - a licence for insurance brokerage.

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