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Areximbank Renamed Gazprombank-Armenia

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  • Areximbank Renamed Gazprombank-Armenia

    AREXIMBANK RENAMED GAZPROMBANK-ARMENIA

    Noyan Tapan
    March 31, 2008

    YEREVAN, MARCH 31, NOYAN TAPAN. Areximbank recently announced
    that its name was officially changed: henceforth it will be called
    "Gazprombank-Armenia".

    NT correspondent was informed by the press service of ArmRusgazprom
    company that the necessity to rename the bank arose after Gazprombank
    (Russia) acquired the control packet of Areximbank's shares.

    According to the same source, the director general of ArmRusgazprom,
    chairman of the company's board Karen Karapetian has been elected
    chairman of Areximbank board.

    To recap, Gazprombank OJSC is among the three largest banks of Russia
    and ranks 3rd among largest banks of Central and Eastern Europe.
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