{"id":110731,"date":"2017-10-31T13:14:56","date_gmt":"2017-10-31T13:14:56","guid":{"rendered":"https:\/\/armbanks.am\/2017\/10\/31\/246837\/"},"modified":"2024-12-15T13:31:19","modified_gmt":"2024-12-15T13:31:19","slug":"ardshinbank-closely-eyeing-potential-bank-mergers","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/10\/31\/110731\/","title":{"rendered":"Ardshinbank closely eyeing potential bank mergers"},"content":{"rendered":"<p><strong>YEREVAN, October 31. \/ARKA\/.<\/strong> Ardshinbank is closely eyeing all potential mergers of banks in Armenia, Ardshinbank Board Chairman Mher Grigoryan said in an exclusive interview to ARKA news agency.<\/p>\n<p>On October 7, 2016, \u2018Region\u2019 financial and industrial corporation acquired all 100% shares of Areximbank-Gazprombank Group. The only shareholder of Region is Karen Safaryan, a Russia-based Armenian businessmen, who is president of Ardshinbank Council.<\/p>\n<p>According to Mher Grigoryan, Ardshinbank has a huge experience in conducting such operations effectively, and in this sense it is ahead of potential buyers.<\/p>\n<p>He also noted that the bank is closely eyeing a number of players believing that their merger with the bank would allow it to get a good synergetic effect both for their shareholders and employees, the Ardshinbank\u2019s shareholder and its team.<\/p>\n<p>Ardshinbank\u2019s assets in the first 9 months of 2017 amounted to 501.6 billion drams (down 8.5% year-on-year). Its liabilities declined by 8.28% to 437.4 billion drams, while its total capital declined by 10.2% to 64.18 billion. The bank closed the first 9 months of 2017 with a profit of 4.4 billion drams, up from 3.4 billion drams posted for the same period last year. ($ 1- 482, 36 drams) -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ardshinbank is closely eyeing all potential mergers of banks in Armenia, Ardshinbank Board Chairman Mher Grigoryan said in an exclusive interview to ARKA news agency<\/p>\n","protected":false},"author":1,"featured_media":165161,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15717,15837,15418,586],"class_list":{"0":"post-110731","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-ardshinbank-2","10":"tag-armenia-2","11":"tag-bank-en-2","12":"tag-586"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/110731","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=110731"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/110731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/165161"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=110731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=110731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=110731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}