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Central Bank Of Armenia Registers Regional Branch Of Ameriabank - 'K

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  • Central Bank Of Armenia Registers Regional Branch Of Ameriabank - 'K

    CENTRAL BANK OF ARMENIA REGISTERS REGIONAL BRANCH OF AMERIABANK - 'KAJARAN'

    ArmInfo
    2009-08-06 13:32:00

    ArmInfo. Chairman of the Armenian Central Bank registered a regional
    branch of Ameriabank - "Kajaran" on Wednesday, the CB press-service
    told ArmInfo.

    The new branch will operate in the Lernagorsneri Street 16/31 in the
    town of Kajaran, Syunik region.

    Analysts say the bank's entering the "metallurgical" region of the
    country where one of the largest employers in the country, Zangezour
    copper and molybdenum plant, is located, is an important step towards
    further development and strengthening of market positions. By present
    Ameriabank had just one branch in the NKR.

    Ameriabank CJSC is focusing on investment banking and providing a
    full spectrum of universal banking services. The strategic partner
    of the Bank is the Russian Troika Dialog. The majority shareholder
    of Amerabank is TDA Holdings Limited, an affiliated company of Troika
    Dialog, with 99.7% stake.
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