Armenia's capital market still not at level we want to see: Konstantin Saroyan

13:02, 28 April, 2015

YEREVAN, 28 APRIL, ARMENPRESS. There is a need for the qualified professionals, as well as structural changes to raise Armenia's capital market to a new level. The first step of solving those problems has been taken in the Armenia's State University of Economics, where a student conference was organized dedicated to the problems and prospects of the development of the capital market of the Republic of Armenia.

As “Armenpress” reports, the conference was organized jointly with "Nasdaq Armenia" Stock Exchange. According to the General Director of Exchange Konstantin Saroyan, Armenia's capital market still is not at the level that they want to see, therefore, they will rise to a new level with involvement of the qualified technicians. "When we have an efficient capital market, the money will flow freely from the person who has money to the person who is in need. On the other hand, the market has become more expressive in the capital market, and the mechanisms, which were there, have been placed in the basis of the market relations, hence, it is important to have a developed capital market," said Saroyan.


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