NEW NAIRI BRANCH OF ARTSAKHBANK BEEN REGISTERED

/PanARMENIAN.Net/
29.05.2009 18:29 GMT+04:00

/PanARMENIAN.Net/ According to RA Central Bank's Chairman's decision,
new Nairi branch of the CJSC Artsakhbank has been registered, press
office of the CB reports.

Artsakhbank is a universal bank: it carries out a wide range of
banking operations in the financial services market. In Nagorno
Karabakh Artsakhbank also serves the state budget of NKR, as well as
the government and other state agencies.

Bank is a shareholder of the Armenian Card, CJSC, and an affiliate
member of ArCa payment system, MasterCard International payment system,
and SWIFT international money transfer system.

As at March 31, 2009, the Bank's total equity came to AMD 5 750 774
thousand, total assets - AMD 37 020 381 thousand. and liabilities -
AMD 31 269 607 thousand.