Armenia's commercial banks have been refusing to open accounts for citizens of Iran and Syria, according to ethnic Armenians from the two Middle Eastern nations living in Yerevan.
Komitas Mirijanian and his family are among hundreds of Syrian Armenians who have moved to Armenia this year to flee escalating violence in Syria. He said on Wednesday that they sold their house and other assets in Syria and planned to deposit the resulting proceeds in an Armenian bank before arriving in their ancestral homeland in late May.
Mirijanian claimed that he applied to two such banks, the local branches of HSBC and the Lebanese Byblos Bank, but was rebuffed by both of them. "They gave no reason," he told RFE/RL's Armenian service (Azatutyun.am). "They just said they can't open an account now."
Armenian News
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