{"id":89093,"date":"2015-06-26T16:26:20","date_gmt":"2015-06-26T16:26:20","guid":{"rendered":"https:\/\/armbanks.am\/2015\/06\/26\/243120\/"},"modified":"2024-12-15T13:18:45","modified_gmt":"2024-12-15T13:18:45","slug":"araratbank-intends-to-acquire-bank-or-stock-package-of-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/06\/26\/89093\/","title":{"rendered":"Araratbank intends to acquire bank or stock package of bank"},"content":{"rendered":"<p><strong>YEREVAN, June 26. \/ARKA\/.<\/strong> Araratbank intends to acquire a bank or a stock package of a bank, Ashot Osipyan, chairman of the bank&#8217;s board, said Friday at Araratbank&#8217;s annual assembly.<\/p>\n<p>\u201cWe are making preparations for that and we are making every effort to acquire a bank or a stock package of a bank,\u201d he said.<\/p>\n<p>He added that details will be released to public later, since appropriate negotiations are under way now.<br \/>\nTwenty one commercial banks function in Armenia now.<\/p>\n<p>Araratbank\u00a0 was established in 1996. The biggest shareholder of the bank is the oil trader company Flash (64.24%), the European Bank for Reconstruction and Development (EBRD)\u00a0 holds 25% and another 10% is owned by RURAL IMPULSE FUND II SA SICAV SIF company. Ararat joined NASDAQ OMX Armenia stock exchange in 2009.<\/p>\n<p>The bank&#8217;s assets in 2014 increased by 10.48% to 138.36 billion drams, its liabilities amounted to 116.69 billion drams having grown by 10.5%, the bank\u2019s capital saw an increase of 10.3% to 21.6 billion drams, its credit investments grew by 10.6% to\u00a0 65.9 billion drams, while its net profit declined by 6.6% to\u00a0 2.8 billion drams.\u00a0 &#8212;-0&#8212;&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Araratbank intends to acquire a bank or a stock package of a bank, Ashot Osipyan, chairman of the bank&#8217;s board, said Friday at Araratbank&#8217;s annual assembly<\/p>\n","protected":false},"author":1,"featured_media":158819,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12162,15837,13959],"class_list":{"0":"post-89093","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-araratbank","10":"tag-armenia-2","11":"tag-stock-package"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/89093","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=89093"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/89093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/158819"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=89093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=89093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=89093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}