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Cooperation With Such Big Financial Structures As Gazprombank Is One

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  • Cooperation With Such Big Financial Structures As Gazprombank Is One

    COOPERATION WITH SUCH BIG FINANCIAL STRUCTURES AS GAZPROMBANK IS ONE OF PRIORITIES OF ARMENIAN GOVERNMENT'S ECONOMIC POLICY

    Noyan Tapan
    Jan 25, 2008

    YEREVAN, JANUARY 25, NOYAN TAPAN. The entrance of Gazprombank,
    which has a leading position in the Russian banking system, into the
    financial market of Armenia will become a new stimulus for promoting
    cooperation of the two countries in the banking and financial sectors,
    the Armenian prime minister Serge Sargsian stated when receiving
    the delegation headed by the head of Gazrombank OJSC's management
    board Andrey Akimov on January 25. He said that mutually beneficial
    cooperation with such a large and influential financial structure
    as Gazprombank is one of the priority directions of the Armenian
    government's economic policy. In the words of S. Sargsian, Armenia
    strives to make its business environment more and more attractive
    for big investors and takes steps aimed at improving the legislative
    field. The prime minister underlined that it has been promoted by the
    sustainable economic growth and increased invsetments in Armenia's
    economy in recent years.

    Considering Gazprombank's cooperation with Armenia as attractive and
    long-term, A. Akimov assured the prime minister that the entrance of
    Gazprombank into Armenia will be aimed at developing the banking and
    financial system of Armenia as well. He pointed out the existence of
    good opportunities for cooperation with Armenia and for investments
    in various sectors of the economy, particularly in energy, where
    great human potential is available.

    NT was informed by the RA Government Information and PR Department
    that at the conclusion of the meeting S. Sargsian stated that the
    Armenian government is prepared to discuss any proposal and initiative
    for development of mutually beneficial cooperation and to assist with
    its fulfilment within its jurisdiction.
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