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Armenian "Grant Thornton Amyot" To Conduct Audit Financial Statement

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  • Armenian "Grant Thornton Amyot" To Conduct Audit Financial Statement

    ARMENIAN "GRANT THORNTON AMYOT" TO CONDUCT AUDIT FINANCIAL STATEMENTS

    ARKA
    June 22, 2009

    YEREVAN, June 22. /ARKA/. Armenian audit and consulting company "Grant
    Thornton Amyot" will carry out the audit of financial statements of
    the year 2009 of the National Bank of the Kyrgyz Republic.

    As ARKA was told by the press-service of the company, the Parliament
    of the Kyrgyz Republic has approved the decision on June 11.

    "We are very happy to be announced as the winner of this tender
    and to have the opportunity to provide high quality service to the
    National Bank of the Kyrgyz Republic," said Armen Hovhannisyan,
    Partner and Director of Financial Institutions Audit Department at
    Grant Thornton Amyot.

    He also said that in November 2008 the Parliament of Kyrgyzstan made
    amendments in the law lifting the requirement of license for conducting
    audit activity on the territory of Kyrgyzstan.

    According to Hovhannisyan due to this amendment Grant Thornton Amyot
    became eligible for this assignment.

    "As Grant Thornton Amyot also has experience with the audit of the
    Central Bank of Armenia, we fully satisfied all requirements of the
    tender," he noted.

    Hovhannisyan also stated all efforts of Grant Thornton Amyot are
    invested into geographic expansion of the company's activity as part
    of their development strategy.

    Grant Thornton launched its activities in Armenia in 1991. In 1994,
    Grant Thornto n France established a branch in Armenia. Later the
    branch was transformed to Grant Thornton Amyot.

    Grant Thornton Amyot is a full member of Grant Thornton International
    (GTI), one of the world's largest auditing and consulting organizations
    uniting 521 companies in 113 countries.

    For over a decade Grant Thornton Amyot has been providing audit and
    professional advisory services to a vast number of organizations,
    including financial institutions in Armenia, Georgia, Tajikistan and
    other countries, among which are 25 banks and over a dozen credit
    organizations, funds, insurance and brokerage companies.
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