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HAYASTAN SHOPPING CENTER BECOMES PROPERTY OF AMERIABANK
/ARKA/
January 26, 2012
YEREVAN
YEREVAN, January 26. /ARKA/. A building that houses Hayastan shopping
center in Yerevan became the property of Ameriabank after the company
running the center failed to pay back a loan it had received from
the bank.
In a press release Ameriabank provides explanations concerning a string
of stories in Armenian media about the conflict between the bank and
the company, saying that the building located at 2, G. Kochar street
in central Yerevan became its property legally because the company
failed to pay an outstanding debt.
The bank disseminated a duplicate of the certificate of property
rights, which says that this building became the property Ameriabank on
December 16, 2011. Ameriabank sent a month notice to Hayastan company
asking IT to free the building in a month, but that was not done.
"The bank is currently taking steps to free the shopping center from
illegal possession. These measures will in no way affect the persons
engaged in retail trade in its territory, who were asked to renew
their lease contracts, the press release says.
Ameriabank is a universal bank that provides investment, corporate and
retail banking services in an integrated package of banking solutions.
It is fully owned by Troika Dialog, one of the largest private
investment companies in Russia.
/ARKA/
January 26, 2012
YEREVAN
YEREVAN, January 26. /ARKA/. A building that houses Hayastan shopping
center in Yerevan became the property of Ameriabank after the company
running the center failed to pay back a loan it had received from
the bank.
In a press release Ameriabank provides explanations concerning a string
of stories in Armenian media about the conflict between the bank and
the company, saying that the building located at 2, G. Kochar street
in central Yerevan became its property legally because the company
failed to pay an outstanding debt.
The bank disseminated a duplicate of the certificate of property
rights, which says that this building became the property Ameriabank on
December 16, 2011. Ameriabank sent a month notice to Hayastan company
asking IT to free the building in a month, but that was not done.
"The bank is currently taking steps to free the shopping center from
illegal possession. These measures will in no way affect the persons
engaged in retail trade in its territory, who were asked to renew
their lease contracts, the press release says.
Ameriabank is a universal bank that provides investment, corporate and
retail banking services in an integrated package of banking solutions.
It is fully owned by Troika Dialog, one of the largest private
investment companies in Russia.