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Ardshininvestbank Pays Compensations To Inheritors Of Armenian Genoc

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  • Ardshininvestbank Pays Compensations To Inheritors Of Armenian Genoc

    ARDSHININVESTBANK PAYS COMPENSATIONS TO INHERITORS OF ARMENIAN GENOCIDE VICTIMS BY AXA INSURANCE

    ArmInfo
    01.03.2010

    ArmInfo. In all departments of Ardshininvestbank the inheritors of
    the Armenian Genocide (committed by Turkish authorities in 1915)
    victims insured in the French insurance company "AXA" can receive
    insurance compensations. The payments are carried out by the cheques
    issued by AXA at special tariffs reduced by 1%.

    To note, in early February the Central District Court of California
    acknowledged 996 applicants as assignees of the Genocide victims
    insured in AXA. The assignees will receive a compensation worth a
    total of $11.3 mln, and over $6 mln will be directed to benevolent
    purposes and coverage of judicial expenses.

    To recall, Ardshininvestbank has 55 branches, of them 13 in Yerevan,
    36 in regions of Armenia, 6 in Nagorno-Karabakh, and 1 representation
    in Paris.
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