Wed, 20 August
28.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Ameriabank considering purchase of bank in Georgia

YEREVAN, October 21, /ARKA/. Armenian Ameriabank is considering the possibility of buying a bank in neighboring Georgia, Ameriabank marketing director, Tigran Jrbashian, told a news conference October 20.

He said the plan was prompted by established contacts with Georgian peers and the similarity of Georgia’s and Armenia’s banking legislations.

He said also America group of companies opened an office in the USA in the third quarter of the year. According to him, many American-Armenians have become its customers seeking advice and consultations. He said many of them want to buy homes in Armenia. He said soon the American office will accept deposits and offer money transfer services.

Tigran Jrbashian said also Ameriabank plans to open Komitas branch in Yerevan that ‘will become one of the best branches in Yerevan due to its convenient location.’ Today the bank has eight branches across the country. Another, Shengavit, branch is under construction.

Vanadzor and Moskovian branches opened this year operate successfully and are ready to handle more customers, Jrbashian said.

The changes that Armenia’s economy has undergone since the global crisis are not sufficient to reverse the negative impact of a possible second wave, Tigran Jrbashian said, adding that the first crisis had a very interesting impact on Armenia.

“It made us seriously reconsider the investment preferences, the share of the construction sector in GDP has decreased on the one hand and the share of industry has increased,” he said.

Ameriabank is a universal bank that provides investment, corporate and limited retail banking services. It is owned by Troika Dialog, one of the largest Russian investment companies.-0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

LATEST NEWS

spot_imgspot_imgspot_img