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Today Tigran Sargsyan announced that a postal bank system is planned to be created, for that reason in “Arm Post” there will be serious changes. According to him this part of changes is the most difficult one, but for the customers it will not be noticeable. Mr. Sargsyan said that now a group of foreign specialists is working on the project to prepare the structural project. In order to create “Post Bank” they must find out weather commercial banks are ready to supervise the process and at the same time act as ACB agent.
Some problems of “Post Bank” were discussed with Nout Wellink, the president of the Netherlands Bank. He said that “Arm Post” still has problems with controlling part, but we are ready to exchange out experience with our Armenian colleagues. But he also mentioned that the idea, the creation of “Post Bank” is the proof to the thing that Armenia goes straight to the development.
In 2006 “Arm Post” CJSC was transferred to “Arm Post Trust” for five years term, and in the contract there is a point to create “Post Bank”.