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Improving transparency and integrating SPM: The case of UCORA (Armenia)
UCORA was established in 2008 to represent the general goals and interests of its members in the Central Bank of RA, Government of RA, state and non-state other bodies. Its 2012 SPM Start-up Fund project was designed to help its 12 members address the reputational risk related to increasing client overindebtedness, and promote SPM best practice among its members as well as other stakeholders including the Central Bank.