Fri, 5 September
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenbrok acquires 100% of capital investments shares

YEREVAN, June 19, /ARKA /. Armenia’s leading investment company Armenbrok said today it has acquired 100% of shares of Capital Investments company. It said Capital Asset Management, a company affiliated with Capital Investments, was not involved in the transaction and will continue to operate as an independent legal entity.

Capital Investments CJSC has been operating in Armenia since 2006. Thanks to effective management, the company managed to achieve high results and become one of the leading players in the market.

“The deal has become expedient, given the competitive conditions in the market and prospects for further development of activities,” Armenbrok said in a press release.

According to Armenbrok CEO Aram Kayfadjian, the Capital Investments’ strategy and business will be fully integrated into the activities of Armenbrok.

Armenbrok ​​OJSC founded in 1994, is one of the leading investment companies in Armenia. The company provides a wide range of investment banking, brokerage and depositary services to local and foreign clients, in accordance with international standards.

Armenbrok is the founder and a member of the Armenian Securities Exchange, as well as a member of the Unified System of Accounting and Settlement of Securities. –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Pashinyan discusses cooperation with Goldman Sachs President for Global Affairs

Armenian Prime Minister Nikol Pashinyan received  Friday Jared Cohen, President for Global Affairs at Goldman Sachs, one of the world's leading investment banks, the government press service reported.

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

LATEST NEWS

spot_imgspot_imgspot_img