March 31, 2010 - 19:45 AMT
Ameriabank sees prospects of rapid growth at regional level

Ameriabank sees prospects of rapid growth at the regional markets, Artak Hanesyan , Ameriabank chairman of directorate and director general told a news conference in Yerevan today.

"Speaking of regional markets we mean CIS markets, in particular our presence in the financial markets of Georgia, Southern Russia and Ukraine will be discussed: all this issues will be considered at the strategic level," he said.

According to him, projects in these countries will vary from a bank acquisition to direct investments in production and energy companies.

A specialized institution Ameria Equity Partners has already been established with a 20 million USD capital, over time, perhaps in a year, this figure will change about five times, and all these funds will be directed to profitable and developing businesses, " he said.