Tue, 8 July
26.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

Chrystie Management buys Armbusinessbank

YEREVAN, December 18. /ARKA/. Press-service of Armbusinessbank informed that  Chrystie Management will become 100% owner of Armbusinessbank. Till now Chrystie Management owned 86.99% of shares of Armbusinessbank and the remaining 13.01% of shares belonged to Ukrprombank. Ukrainian owner is intended to give its shares to Chrystie Management.

According to the data of “ARKA”, assets of the bank as of September 30, 2009 were 96.4 billion drams, liabilities – 80.6 billion drams, total capital – 15.8 billion drams with charter capital of 13.5 billion drams, credit investments – 55.8 billion drams, liabilities towards the clients – 49.5 billion drams and the net income during January – September 2009 after paying taxes is 466.9 billion drams. As of September 30 the Bank has 21 branches. –0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Net inflow of remittances to Armenia from abroad increased by 13.9% over 5 months

The net inflow of private remittances in Armenia from abroad sent through the  banks in January-May 2025 amounted to $511.7 million, compared to $449.4 million in January-May 2024, according to a report by the Central Bank.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img