Cyprus-Armenia sign central bank MOU

The central banks of Cyprus and Armenia on Thursday 13 April signed a memorandum of understanding (MOU) to boost cooperation in the banking sector.

The deal was co-signed by Christodoulos Christodoulou and Tigran Sargsyan, governors of the Cypriot and Armenian central banks.

An official statement said the document defines a general framework of mutual cooperation and exchange of information between the two supervisory authorities over supervision of cross- border establishments and credit insti

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