Mon, 8 September
18.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Ethnic Armenian elected Russian bank board chairman

YEREVAN, June 10. /ARKA/. The board of directors of a Russian Gazenergobank has decided to elect ethnic Armenian David Hambardzumyan as board chairman, Banki.ru said citing sources close to the bank.

David Hambardzumyan headed the corporate unit of the bank and since the summer of 2013 he was head of the medium-sized corporate business department at Life Group. The decision on the appointment of David Hambardzumyan to the post of board chairman of Gazenergobank had been made by Life Group in April.

Gazenergobank is a relatively small by size of assets regional bank headquartered in the Russian city of Kaluga. It is a subsidiary of Probusinessbank, which is the main shareholder of Life Group. The bank is an important player in the Kaluga market of banking services.

The priority directions of the bank’s operation are retail lending, cash settlement services to corporate clients, operations in the foreign exchange market and securities, attraction of private deposits. The bank runs a broad network of sales offices in Kaluga, Smolensk, Tula, Bryansk, Pskov and the Moscow region.

According to Russian Banki.ru portal, as of May 1, 2015 the bank’s net assets stood at 22.90 billion rubles (166th in Russia); its capital calculated in accordance with the requirements of the Central Bank of the Russian Federation was worth 1.61 billion rubles; its loan portfolio stood at 4.02 billion rubles and commitment to private clients – at 17.89 billion rubles.-0-

spot_img

POPULAR

ACBA Federation promotes rural tourism in Armenia: the success story of Manana guest house (video)

Four years prior, Astghik Ghazaryan, a professional educator, established the Manana guest house in her hometown of Marmarik.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Freedom Broker Armenia ranks as one of the largest taxpayer in Armenia

Freedom Broker Armenia has been recognized as one of the largest taxpayers in the country, underscoring its leadership in the investment sector and commitment to sustainable business practices.

Armenia to receive 45.3 million euros from ADB to improve healthcare quality

Armenia will receive 45.3 million euros from the Asian Development Bank (ADB) to improve healthcare quality, said First Deputy Minister of Health of the Republic of Armenia Lena Nanushyan during a meeting of the parliamentary standing committee on financial, credit and budgetary issues.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img