{"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":["post-110731","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news","tag-ardshinbank-2","tag-armenia-2","tag-bank-en-2","tag-586"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"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\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<meta name=\"keywords\" content=\"ardshinbank,armenia,bank @en,\u0441\u0434\u0435\u043b\u043a\u0438\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2017\/10\/31\/110731\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Ardshinbank closely eyeing potential bank mergers - 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