The Central Bank of the Republic of Armenia Approved the Amendments of the “Farm Credit Armenia” UCO CC Charter

2014-08-26

The Central Bank of Armenia approved the amendments of the “Farm Credit Armenia” UCO CC charter, which was made during the General Annual Meeting of the cooperative. As a result, the statutory capital of “Farm Credit Armenia” UCO CC has increased by 112,972,370 AMD (about $277,000).  Currently the statutory capital is equal to 673, 863,088 AMD (about $1,651,000), and the total capital is more than 1.103 billion AMD (about $2,703,000).

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