Gazprombank intends expanding business in Armenia, Korenev says

YEREVAN, August 31. /ARKA/. Russia’s Gazprombank company intends to expand its business  in Armenia, Deputy Chairman of  Gazprombank Management Board Nikolay Korenev said Friday at the meeting with Armenian PM Tigran Sargsyan in Yerevan.
“Armenia’s Prime Minister welcomed such initiative and noted that this step will foster competition growth and development in the banking system ,” the government reported to ARKA.
“We hope our meetings will enhance our bilateral cooperation and activate the implementation of joint programs in the banking system,” Mr. Sargsyan said.
At the meeting the sides discussed commercial-economic programs between Armenia and Russia which are prepared by the Armenian-Russian intergovernmental commission, perspectives for development of Yerevan’s Nairit Chemical Plant, as well as the issues related to Armenian-Russian regional forums which may involve Gazprombank.
Gazprombank bought 80% stock of Areximbank in November 2007. In July 2008 Gazprombank obtained 94.15% stock of Areximbank. In 2008 Gazprombank became the owner of 100% stock of Areximbank.
Areximbank-Gazprombank Group CJSC (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia. E.O.—0–

YEREVAN, August 31. /ARKA/. Russia’s Gazprombank company intends to expand its business  in Armenia, Deputy Chairman of  Gazprombank Management Board Nikolay Korenev said Friday at the meeting with Armenian PM Tigran Sargsyan in Yerevan.

“Armenia’s Prime Minister welcomed such initiative and noted that this step will foster competition growth and development in the banking system ,” the government reported to ARKA.

“We hope our meetings will enhance our bilateral cooperation and activate the implementation of joint programs in the banking system,” Mr. Sargsyan said.

At the meeting the sides discussed commercial-economic programs between Armenia and Russia which are prepared by the Armenian-Russian intergovernmental commission, perspectives for development of Yerevan’s Nairit Chemical Plant, as well as the issues related to Armenian-Russian regional forums which may involve Gazprombank.

Gazprombank bought 80% stock of Areximbank in November 2007. In July 2008 Gazprombank obtained 94.15% stock of Areximbank. In 2008 Gazprombank became the owner of 100% stock of Areximbank.

Areximbank-Gazprombank Group CJSC (former Areximbank, renamed on June 12, 2009) was established in August 1998 for supporting entrepreneurship and serving financial flows between Russia and Armenia. E.O.—0–

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

ARKA news agency launches special project about its products and services to celebrate its 30th anniversary

To celebrate its 30th anniversary, ARKA News Agency has launched a new special project dedicated to its products and services.

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

LATEST NEWS

spot_imgspot_imgspot_img