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In 2006 "Ardshininvestbank" Intends To Giev AMD 45 Mln To RA Nationa

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  • In 2006 "Ardshininvestbank" Intends To Giev AMD 45 Mln To RA Nationa

    IN 2006 "ARDSHININVESTBANK" INTENDS TO GIVE AMD 45 MLN TO RA NATIONAL OLYMPIC COMMITTEE

    ARKA News Agency, Armenia
    April 19 2006

    YEREVAN, April 19. /ARKA/. In 2006, "Ardshininvestbank" intends to
    give AMD 45 mln to the RA National Olympic Committee for development of
    Olympic sports. According to the President of the bank Aram Andreasyan,
    AMD 22,6 mln of this sum was already spent in Q1, 2006.

    In his words, this money will be spent on trainings of Armenian team
    of heavy athletics within the bounds of preparation for 29th Olympic
    Games in 2008. "We hope that our team of heavy athletics will win
    prizes at the Olympiad in China and will represent Armenian on high
    level", Andreasyan stated.

    "Ardshininvestbank" CJSC was given license (N 83) by the CBA for
    banking activities on February 27, 2003. The founder of the bank is
    Russian "International Business-Center" financial industrial group.

    100% shares of the bank belong to two enterprises, members of this
    group. ($1 - AMD 450,15).
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