  Byblos Bank Armenia to start opening branches in country’s provinces in 2011 December 7, 2010 - 15:47 AMT PanARMENIAN.Net - Dr. Francois S. Bassil, Chairman and General Manager of Byblos Bank Group, said that Byblos Bank Armenia CJSC will start opening branches in the country’s provinces as part of the strategy on its activity expansion. “It is symbolic that the day of commemoration of 1988 earthquake victims we declare launch of investment programs in Vanadzor, which is among the most suffered areas. Our new branch is expected to be opened in the city early in 2011,” Bassil told a press conference in Yerevan after the third annual meeting of the bank shareholders. At the same time, Bassil did not exclude a possible merger or purchase of another bank in Armenia. “We have purchased 5 banks in Lebanon. We are already experienced in it,” he said.   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 |  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. |
