YEREVAN, November 8. /ARKA/. Armenian Central Bank registered new branch of CJSC “Armbusinessbank” – “Nor Hachn”. This decision was carried out by the Head of CB Armenia Artur Javadyan on November 4, 2010.
CJSC “Armbusinessbank”(“Arminvestbank” till August 26, 2006) was registered on December 10, 1991. In 2006 Ukrprombank (Kiev) obtained 35% participation in the capital of the bank, insurance union of Ukraine “Alfa Garant” – 35% and the company “Union of Chrystie Management” – 30%.
From the end of the third quarter of 2010, Chrystie Management bought 86.99% of shares of Armbusinessbank. 13.01% of the shares belongs to Ukrprombank which plans to sell the full packages of shares (13.01%) of the company Chrystie Management.
The assets of the bank as of September 30 made 117.5 billion drams, liabilities – 99.8 billion drams, total capital – 17.8 billion drams with charter capital of 13.5 billion drams, credit investments – 76.6 billion drams, liabilities to the clients – 63.6 billion drams. Net income of the bank after payment of taxes in the first nine months of 2010 was about 1.7 billion drams.
The bank has 24 branches as of September 30 in the territory of Armenia. ($1-362.99 drams).—0—
