YEREVAN, February 3. / ARKA /. Armenia-based Areximbank-Gazprombank Group was named the best corporate bank in Armenia of 2013 by the British International Finance Magazine IFM), the press service of the bank said.

It said IFM awards recognize and honour individuals and organisations in the international finance industry that make a significant difference and add value, heralding the highest standards of innovation and performance.

The award shines a spotlight on those who make a contribution to raising the bar in the financial industry through activities of note. These include path-breaking initiatives in corporate social responsibility or charitable activities, better corporate governance and other achievements that impact the global finance community.

Areximbank - Gazprombank Group was founded in 1998 to handle financial flows between Russia and Armenia. It is now oend by Russian Gazprombank. Bank successfully certified for compliance with international requirements of ISO 9001: 2008. It runs 16 branches, 7 of which are located in Yerevan and 9 in the regions.

International Finance Magazine (IFM) aims to be a source of information, analysis and insights for the global finance community. Headquartered in London, International Finance Magazine was established with a mission to convey credible financial news and articles to the global financial community in a concise, simple and easy-to-understand manner. -0-