Financial arbitration

Fee Amendment for the Service Provided by the Court of Financial Arbitration of the Union of Banks of Armenia

19.02.2020

In accordance with the UBA Board decision (12 February, 2020), an amendment was made in the Regulation of the Court of Financial Arbitration.

Particularly, in Annex 1 to the Regulation, the amount of arbitration fee with property claims was reduced and set at 19,000 (nineteen thousand) AMD, instead of the current 25,000 (twenty-five thousand) AMD.

The amendment comes to force on 01 March, 2020.