{"id":109322,"date":"2017-08-14T08:56:52","date_gmt":"2017-08-14T08:56:52","guid":{"rendered":"https:\/\/armbanks.am\/2017\/08\/14\/246611\/"},"modified":"2024-12-15T13:30:29","modified_gmt":"2024-12-15T13:30:29","slug":"pan-armenian-bank-transformed-into-investment-fund","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/08\/14\/109322\/","title":{"rendered":"Pan-Armenian Bank transformed into investment fund"},"content":{"rendered":"<p><strong>YEREVAN, August 14. \/ARKA\/.<\/strong> The Yerevan-based Pan-Armenian Bank has been transformed into an investment fund, the press service of the Armenian Central Bank reported today.<\/p>\n<p>\u2018To ensure the efficiency and flexibility of the tasks of the Pan-Armenian Bank, the Central Bank initiated a process of reorganization, as a result of which the bank is transformed into an investment fund,&#8221; the regulator said, adding that the process of transformation is logically and legally completed.<\/p>\n<p>The Pan-Armenian Investment Fund already operates; it has a specialized manager, whose powers, as well as those of the shareholder, are exercised by the authorized body of the Armenian government.<br \/>\nCurrently, the government and the Central Bank are discussing the legal and technical details of the process, in particular, the transfer of the leadership of the Pan-Armenian Investment Fund and its manager to the responsible body of the Armenian government.<\/p>\n<p>Pan-Armenian Bank was created as a development bank in 2011. Its only shareholder was the Central Bank of Armenia. The authorized capital of the bank was 7.5 billion drams. ($ 1 &#8211; 478.52 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Yerevan-based Pan-Armenian Bank has been transformed into an investment fund, the press service of the Armenian Central Bank reported today<\/p>\n","protected":false},"author":1,"featured_media":178201,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[14516,12370,12214],"class_list":{"0":"post-109322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-investment-fund","10":"tag-pan-armenian-bank","11":"tag-yerevan"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/109322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=109322"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/109322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/178201"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=109322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=109322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=109322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}