YEREVAN, January 16. /ARKA/. Armenia’s Central Bank said today it has registered 16 branches of Areximbank-Gazprombank Group as branches of Ardshinbank. The regulator has also registered a new ‘Yerevan’ branch of Ardshinbank.

By the end of the third quarter Areximbank-Gazprombank Group ran 16 branches, Ardshinbank ran 55 branches.

On January 10, 2017 the Central Bank approved a merger agreement signed earlier by Areximbank-Gazprombank Group and Ardshinbank. The Central Bank also revoked a license №80 awarded to Areximbank-Gazprombank Group. The decision enters into force upon signature.

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Tags: Ardshinbank, Areximbank-gazprombank group, Armenia, BRANCHES, register

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The Central Bank of Armenia upheld and registered Areximbank-Gazprombank Group and Ardshinbank’s deal on January 10, the regulator’s press office reported on Friday

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Tags: Ardshinbank, Areximbank-gazprombank group, Armenia

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On November 22, 2016, the Central Bank of Armenia gave its preliminary approval to Ardshinbank’s merger with Areximbank-Gazprombank Group, the two banks reported Friday in their joint press release

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Tags: Ardshinbank, Areximbank-gazprombank group, Armenia, merge

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On October 7, 2016 all the shares of the Yerevan-based and Russian-owned Areximbank-Gazprombank Group were acquired by another Russia-based financial and industrial corporation called Region

Categories: Banks @en, General news, News, News of the hour | Comments Off on Armenian Ardshinbank acquires Areximbank- Gazprombank Group

Tags: acquire, Ardshinbank, Areximbank-gazprombank group, Armenia

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The Yerevan-based Ardshinbank and the Black Sea Trade and Development Bank (BSTDB) signed the third loan agreement to the tune of USD 10 million that will be channelled to support small-and medium-sized enterprises (SMEs) in Armenia, Ardshinbank said today in a press release

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Tags: AGREEMENT, Ardshinbank, Black See Trade and Development Bank, LOAN

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Moody’s Investors Service has today taken rating actions on the two Armenian banks — Ardshinbank CJSC and VTB Bank (Armenia)

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Tags: Ardshinbank, Armenia, Banks, Moody's, Ratings, VTB Bank (Armenia)

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Ardshinbank and INGO ARMENIA insurance company are recognized the best organizations cooperating with the Armenian financial ombudsman office in 2015, Armenian Financial Ombudsperson Piruz Sargsyan said Monday at a news conference

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Tags: Ardshinbank, Armenia, cooperation, financial ombudsman, INGO Armenia

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Armenian Ardshinbank’s team was named the winner of the first festival of intellectual quizzes of financial institutions, beating in the final quiz the team of VTB Bank (Armenia)

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Fitch Ratings said it has assigned Dilijan Finance B.V.’s upcoming issue of senior unsecured notes an expected Long-term rating of ‘B+(EXP)’ and a Recovery Rating of ‘RR4’. These limited recourse notes are to be used solely for financing a US dollar-denominated loan to Ardshinbank CJSC (Ardshin)

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Tags: Ardshinbank, Armenia, RATE

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Ardshinbank has been named the best bank in Armenia in 2015, according to “Euromoney” magazine published in London, the press office of the bank reports

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Tags: Ardshinbank, Armenia, Euromoney

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