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Areximbank continues expanding its branch network

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  • Areximbank continues expanding its branch network

    Areximbank continues expanding its branch network
    23.05.2009 16:53 GMT+04:00

    /PanARMENIAN.Net/ New 'Charents' branch of Areximbank will start
    operating soon in Yerevan along with recently opened branches in
    Armavir, Artashat and Abovian. The new branch will provide services to
    ArmRosgazprom office.
    Areximbank has 15 offices at the moment, 9 out of which are regional.
    The Armenian-Russian Export-Import Bank was established in 1998 to
    support the entrepreneurship and manage the financial flows between
    Russia and Armenia.
    The bank is the principal member of VISA International and Master Card
    International payment systems, and the member of SWIFT system.
    >From October 2006 the bank participates in the German KfW bank
    program `Stable Development of the Mortgage Market'.
    In August 2005, the Moscow Impexbank acquired 19,91% shares of
    Areximbank.
    On November 29 of 2007, Gazprombank (Open Joint Stock Company), having
    received the approval of the Central Bank of the Republic of Armenia,
    acquired the control package of Areximbank CJSC shares.
    Information on the share-holders, having considerable participation in
    Areximbank CJSC, their names, the volume of their participation:
    Gazprombank OJSC - 80,0854000%, Raiffeisenbank CJSC - 19,9146000%
    On April 31 of 2009 Areximbank's aggregate capital amounted AMD 9 693
    967 thousand, assets made AMD 38 598 937 thousand and liabilities -
    AMD 28 904 970 thousand.
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