OREANDA-NEWS. March 6, 2008. State Corporation “Deposit Insurance Agency” (DIA) and Armenian Deposit Guarantee Fund signed Memorandum of Understanding and Cooperation (MOU). The parties confirmed their intent to further develop bilateral cooperation and interaction on issues of enhancement deposit insurance systems in their respective countries on the basis of exchanging experience and information about banking system operations in the Russian Federation and Republic of Armenia.

The MOU stipulates possibility of establishing joint working groups, as well as conducting seminars and consultations on issues of mutual interest. Previously similar MOU were executed with Polish Deposit Guarantee Fund and Deposit Insurance Fund of Bulgaria.