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Investor Presentaiton

02A 004 ORE FRE 25.aa .aa 25.20 02.20 25.20 00.28 25.Ad 02.PO 25.A oat 08 005 Investment guide Armenia 31 Financial Market 621 Since 1 January 2006 the CBA has been acting as regulator and supervisor of the Armenian Financial Market, in addition to the banking sector. As of 30 June 2016, there were 20 commercial banks, which comprised about 90% of the financial sector. There are also credit organizations, insurance companies, insurance brokers, investment companies, investment and pension fund managers, NASDAQ OMX Armenia and the Armenian Central depositary, exchange offices and pawnshops etc. The CBA is actually located in 2 locations: in Yerevan and in Dilijan city (about 110 km from Yerevan). Based on the Government plans, Dilijan would become a financial center of Armenia. © 2016 KPMG Armenia cjsc. All rights reserved.
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