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Tag: Uniastrum

Bank of Cyprus completes sale of its 100% stake in Uniastrum to Artem Avetisyan

Russian business daily ‘Kommersant’ said the Bank of Cyprus has completed the sale of its 100% stake in its Russian subsidiary – Uniastrum - to Artem Avetisyan (ethnic Armenian businessman, based in Russia), for 7 million euros

Artyom Avetisyan buys 80% of Uniastrum bank

The Bank of Cyprus (BoC) said on Friday it had agreed to sell 80% stake in its Russia's subsidiary Uniastrum Bank to Artyom Avetisyan, the majority shareholder in Russian Regional Credit Bank. Artyom Avetisyan will also buy 80% in Uniastrum Leasing, Banki.ru reported citing the Bank of Cyprus