  Armeriabank to announce merger deal in early 2012 October 20, 2011 - 18:31 AMT PanARMENIAN.Net - Ameriabank CJSC continues talks on the second merger deal with one of Armenian banks, with the results to be announced in early 2012, according to Ameriabank development director. As Tigran Jrbashyan told Oct 20 news conference in Yerevan, no further details will be revealed to prevent any deal-related complications. In 2010, Ameriabank CJSC – Cascade Bank merger took place. “Consolidation of commercial banks in Armenia will promote effectiveness of the country’s banking sector,” Jrbashyan noted, forecasting activation of the process in near future.   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 Government reveals details from Pashinyan’s meeting in border village  Prime Minister Nikol Pashinyan has met with a group of residents of a border village in Armenia’s northern Tavush provinceNarek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. |
