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ARMENIAN ANTIMONOPOLY BODY PERMITS AMERIABANK AND CASCADE BANK CONCENTRATION
PanARMENIAN.Net
April 9, 2010 - 13:09 AMT 08:09 GMT
The State Commission for the Protection of Economic Competition of
the Republic of Armenia (SCPEC) permitted Ameriabank's shareholder,
TDA Holding Limited company to conclude a deal on purchasing the
Cascade Bank, Commission's Press Service reported.
The decision was made on the basis of interested sides' claim
on centralizing the two financial structures. SCPEC permitted
concentration the two banks due to the lack of facts prohibiting
the deal.
From: Emil Lazarian | Ararat NewsPress
PanARMENIAN.Net
April 9, 2010 - 13:09 AMT 08:09 GMT
The State Commission for the Protection of Economic Competition of
the Republic of Armenia (SCPEC) permitted Ameriabank's shareholder,
TDA Holding Limited company to conclude a deal on purchasing the
Cascade Bank, Commission's Press Service reported.
The decision was made on the basis of interested sides' claim
on centralizing the two financial structures. SCPEC permitted
concentration the two banks due to the lack of facts prohibiting
the deal.
From: Emil Lazarian | Ararat NewsPress