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Ameriabank To Introduce System For Deterring, Preventing And Elimina

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  • Ameriabank To Introduce System For Deterring, Preventing And Elimina

    AMERIABANK TO INTRODUCE SYSTEM FOR DETERRING, PREVENTING AND ELIMINATING ECOLOGICAL RISKS

    ARKA
    October 13, 2009
    Yerevan

    YEREVAN, October 13, /ARKA/. Levon Arevshatian, Corporate Customers
    Director of Armenian commercial AmeriaBank, said the bank plans to
    introduce a system designed for deterring, preventing and eliminating
    ecological risks.

    He said international lending organizations demand that nature
    protection standards be observed during implementation of credit
    projects. He said the bank will recruit an expert on management of
    ecological risks. He said the move will be unprecedented in Armenian
    banking sector.

    According to him, the expert will be participating in the process after
    a decision on a credit program is made to watch that all international
    ecological standards and norms are observed.

    AmeriaBank is a corporate bank with integrated investment-banking and
    a limited number of retail banking services. In August 2007 96% of
    the bank was obtained by TDA Holdings Limited, an investment company
    affiliated with the leading and largest Russian investment group
    company - Troika Dialog. In 2007-2008 TDA Holdings Limited increased
    its equity participation up to 99.99%. AmeriaBank chairman of board
    of directors is Ruben Vardanian. ($1 - 385.87 Drams).

    From: Emil Lazarian | Ararat NewsPress
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