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Armeconombank’s normative capital to reach AMD 27 billion after its merger with BTA Bank (Armenia)

15.08.2016 14:43

Armeconombank’s normative capital to reach AMD 27 billion after its merger with BTA Bank (Armenia)

YEREVAN, August 15. /ARKA/. Armeconombank’s normative capital will reach AMD 27 billion after its merger with BTA Bank (Armenia), the press office of Armeconombank reported after the two banks’ shareholders met on Monday.

Armeconombank’s assets will total AMD 134 billion and liabilities AMD 110 billion after the merger.

On May 6, the Central Bank of Armenia gave its preliminary approval to the two banks’ merger agreement.

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Categories: Banks @en, General news, News, News of the hour | Comments Off on Armeconombank’s normative capital to reach AMD 27 billion after its merger with BTA Bank (Armenia)

Tags: ARMECONOMBANK, BTA Bank (Armenia), CAPITAL, MERGING

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