  Armbusinessbank opens new "Ani" subsidiarySeptember 5, 2009 - 12:46 AMT PanARMENIAN.Net - On September 3, Armbusinessbank opened a new "Ani" subsidiary in Gyumri, RA Shirak region, Armbusinessbank press service reported. Armbusinessbank was established by the decision of the general meeting of bank founders in accordance with the constitutive agreement of 14 December 1994. According the agreement the bank is the legal successor of the shareholding Arminvestbank established in September 1991. License N40 of the Central Bank of the Republic of Armenia issued on 10 December 1991. In April 2006 Ukrainian Ukrprombank purchased 35% shares of the Arminvestbank. In mid-April the Christies Management Company, registered on the British Virginia Islands, bought the 30% share of the bank and. In June 2006 Ukrainian Alfa-Garant Insurance Company purchased the remaining 35% shares of the Arminvestbank. The decision on renaming the bank to Armbusinessbank was unanimously accepted at the special meeting of the shareholders of the Arminvestbank on August 10. Bank is a member of SWIFT, Western Union, Anelik, Contact as well as ArCa, MasterCard and Visa International. 21 Armbusinessbank subsidiaries are currently operating in Armenia.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
