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ARKA News Agency - 11/10/2004

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  • ARKA News Agency - 11/10/2004

    ARKA News Agency
    Nov 10 2004



    First in the world chess Internet-tournament to take place on Dec
    18-23 in Yerevan

    NKR president signs the law on mass media

    CBA Council approves changing of address of Ardshininvestbank


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    FIRST IN THE WORLD CHESS INTERNET-TOURNAMENT TO TAKE PLACE ON DEC
    18-23 IN YEREVAN

    YEREVAN, November 10. /ARKA/. First in the world chess
    internet-tournament to take place on Dec 18-23 in Yerevan,
    International Grand Master Smbat Lputian stated today. According to
    him, the tournament will be dedicated to 75th anniversary of 9th
    chess world champion Tigran Petrosian.
    The tournament will include teams from Armenia, Russia, France and
    China. Prize fund of the tournament makes $55 thousand. 1st place -
    $20 thousand, 2nd - $15 thousand and 3rd - $12, 4th - 8.
    The organizers of the tournament are Chess Academy and Armenian Chess
    Federation. L.D. --0--

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    NKR PRESIDENT SIGNS THE LAW ON MASS MEDIA

    STEPANAKERT, November 10. /ARKA/. NKR President Arkadi Ghukasyan
    signed law on mass media. According to the Information Department
    adjunct to NKR Government, Ghukasyan also signed law on citizens who
    avoided military service by violating the set order".
    Laws were adopted by NKR NA on October 20, 2004. A.H. --0--

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    CBA COUNCIL APPROVES CHANGING OF ADDRESS OF ARDSHININVESTBANK

    YEREVAN, November 10. /ARKA/. CBA approved the changing of address of
    CJSC Ardshininvestbank. As CBA Press Service told ARKA, on its
    sitting of November 9, 2004 the CBA Council took a decision to
    approve the address of the bank that is Yerevan, St. Lusavorish 13
    and Lusavorich 13/1.
    Ardshininvestbank CJSC was founded on May 25, 2003 and received its
    license (#83) on Feb 27, 2003. The founder of Ardshininvestbank is
    International Business Centre Russian financial industrial group.
    100% of the bank's shares are owned by two enterprises involved in
    the group.
    The bank was granted its banking activity license # 83 by CBA on 27
    Feb 2003.
    The banks' total capital made AMD 5 bln. as of September 30, 2004,
    its authorized stock capital- AMD 3 mln., the assets-AMD 35,1 bln.,
    the profit for Q 3, 2004-AMD 1354,3 mln., balance profit -AMD 1985,3
    mln. ($1 -AMD 507,03). Ardshininvestbank is one of the leading banks
    as per volume of assets, credit investments, securities investments,
    attraction from legal and physical entities, assets return and
    capital. As per size of the total assets the bank ranks the third,
    while asp per sum of the profit generated in an-Sep the second in
    Armenian banking system. (1 USD - AMD 503.25). T.M.--0--

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