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"Vtb-Armenia Bank" Closed Two Branches; "Converse Bank" Opened A Bra

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  • "Vtb-Armenia Bank" Closed Two Branches; "Converse Bank" Opened A Bra

    "VTB-ARMENIA BANK" CLOSED TWO BRANCHES; "CONVERSE BANK" OPENED A BRANCH IN "ZVARTNOTS" AIRPORT

    Mediamax, Armenia
    July 25 2007

    Yerevan, July 25 /Mediamax/. By the decision of the Chairman of the
    Central Bank (CB) of Armenia, cessation of the activities of ¹ 17
    and ¹ 50 branches of "VTB - Armenia Bank" is registered.

    As Mediamax was told in CB press service today, by another decision
    of the CB Chairman, the "Zvartnots Airport" branch of "Converse Bank"
    is registered, which will be functioning in the registration hall of
    the mentioned airport.

    Mediamax recalls that the owner of 95% of "Converse Bank" is the
    "Advanced Global Investments" LCC, headed by Argentinean businessman
    of Armenian decent Eduardo Ernekian, to whom the Yerevan International
    "Zvartnots" Airport is handed over for concessive management.

    --Boundary_(ID_yAgz49CUXaUOTG1QFJrDKQ )--
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