Areximbank-Gazprombank Group’s number of clients rises by 28% from 2009 October to 46,721

YEREVAN, October 28, /ARKA/. Areximbank-Gazprombank Group said the number of its clients rose by 28% from 2009 October to 46,721 people, including 44,211 individual and 2,150 corporate clients.

Areximbank-Gazprombank Group (formerly Areximbank) was established in 1998 to handle financial flows between Armenia and Russia.

It is a principled member of VISA International and MasterCard International payment systems. In 2007 it joined Armenian ArCa payment system. The bank is owned fully by Russian Gazprombank and has 6 branches in Yerevan and 9 in regions. On October 1 its credit portfolio was 42.5 billion Drams.

The Bank’s clients are largest oil and gas traders, including Armenia’s national gas operator ArmRosGazprom (ARG), Armenian Electrical Networks , hotels, pharmaceutical and investment companies.  -0-

spot_img

POPULAR

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

As part of its 35th-anniversary events, IDBank has signed a Memorandum of Understanding with the Matenadaran

A new biodiversity park will be established in the heart of the capital, covering approximately 1.2 hectares adjacent to the Matenadaran.

EFSD Raises Armenia’s 2026 Economic Growth Forecast to 5.8%

The Eurasian Fund for Stabilization and Development (EFSD) has raised its GDP growth forecast for Armenia for 2026 to 5.8%, up from the previously expected 5.5%.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

LATEST NEWS

spot_imgspot_imgspot_img