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VTB Bank (Armenia) Financing Construction Of Modern Guest Complex In

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  • VTB Bank (Armenia) Financing Construction Of Modern Guest Complex In

    VTB BANK (ARMENIA) FINANCING CONSTRUCTION OF MODERN GUEST COMPLEX IN DOWNTOWN YEREVAN

    YEREVAN, June 13. / ARKA /. VTB Bank (Armenia) said today it is
    financing the construction of a modern guest complex in downtown
    Yerevan that will comprise apartments, office space, retail trade
    outlets, restaurants and a fitness center.

    "The amount of funding is 8 billion drams. The construction company
    is D&H Group. The project is scheduled for completion in 2016,"
    the bank said in a press release.

    Bank VTB (Armenia) CEO Yuri Gusev was quoted as saying that the
    construction of the new guest complex will create new jobs during
    the construction and during the complex's operation.

    D&H Group was established in 2007 to implement Dalma Plaza project. In
    2013 the company was acquired by a group of companies Logicon.

    VTB Bank (Armenia) is owned fully by Russian VTB Bank. It runs 67
    branches across Armenia. -0-

    - See more at:
    http://arka.am/en/news/business/vtb_bank_armenia_financing_construction_of_modern_ guest_complex_in_downtown_yerevan/#sthash.1N5YaZET.dpuf

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