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Central Bank Of Armenia Registers New Branch Of Unibank

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  • Central Bank Of Armenia Registers New Branch Of Unibank

    CENTRAL BANK OF ARMENIA REGISTERS NEW BRANCH OF UNIBANK

    ARKA
    Aug 7, 2009

    YEREVAN, August 7, /ARKA/ . The Central Bank of Armenia has registered
    a new branch of Unibank. The new 'Zvartnots' branch will be carrying
    out limited financial operations, the Central Bank press service
    told ARKA.

    It said the decision to register the branch was made by Central
    Bank chairman Arthur Javadian on August 5, 2009. The branch will be
    operating at Armenia' Zvartnots international airport.

    Unibank ZAO was founded in 2001. Fifty percent of its shares are
    owned by Uniastrum Asset Management company and the other half is
    held by resident company Evainvest.

    According to ARKA preliminary data, Unibank's assets as of June 31,
    2009 stood at 76.2 bln AMD, liabilities at 64.9 bln AMD, its aggregate
    capital totaled 11.3 bln AMD and its net profits for Jan.-June amounted
    to 297.2 million AMD. The bank runs 30 branches. ($1- 369.9 AMD).
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