YEREVAN, October 11. /ARKA/. Gazprombank has sold Areximbank, its Armenian subsidiary, which got under US sanctions in September, to a group of investors from Armenia, RIA Novosti reported on Monday referring to Gazprombank.

“Gazprombank has sold 100% of Areximbank’s shares to a group of investors from Armenia,” the bank’s press office says. “Along with that, Gazprombank continues participating in the implementation of a number investment projects in this republic [Armenia].”

It was reported earlier that on October 7 Gazprombank stopped running 100% of the Armenian-Russian Export-Import Bank.

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Tags: AREXIMBANK, Armenia, Gazprombank

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The latest tougher sanctions against Russia announced by Washington on Wednesday, targeting major banks and energy companies will not affect the financial stability of Gazprombank, Areximbank-Gazprombank Group, Gazprombank’s Armenian subsidiary, said today in a statement

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Tags: Armenia, Gazprombank, Russia

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Russian Gazprombank officers made a presentation of investment opportunities to VIP clients of Areximbank-Gazprombank Group, the bank’s press office reported

Categories: Banks @en, General news, News, News of the hour | Comments Off on VIP clients of Areximbank-Gazprombank Group get to know investment opportunities at Russian Gazprombank

Tags: Areximbank-gazprombank group, Gazprombank, VIP clients

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Sergey Babayan, Managing Director at Russia’s Gazprombank, resigned today, Banki.ru reported referring to Russian daily newspaper Kommersant

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Tags: Armenia, bank @en, Gazprombank

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GazPromBank and the Japan Bank for International Cooperation (JBIC) have signed a framework agreement about extension of 500 million to the Russian credit organization in loan, RBC reports citing GazPromBank

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Tags: Credit, Gazprombank

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Gazprombank’s investments in the Armenian economy total $185 million

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Tags: Armenia, Economy @en, Gazprombank, INVESTMENTS

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Russia’s Gazprombank company intends to expand its business in Armenia, Deputy Chairman of Gazprombank Management Board Nikolay Korenev said Friday at the meeting with Armenian PM Tigran Sargsyan in Yerevan.

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Tags: Armenia, BUSINESS, Gazprombank

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Gazprombank LLC has lent more than $100 million to Areximbank – Gasprombank Group up to date, the bank’s press office reported on Tuesday.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Gazprombank’s total lending to Areximbank – Gasprombank Group reaches $100 million

Tags: AREXIMBANK, Armenia, Gazprombank

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Moody’s and S&P upgrade Gazprombank ratings to “BAA3” and “BB+”.

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Tags: Gazprombank, Moody’s, Ratings, S&P

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Russia’s Gazprombank to increase authorized capital in Areximbank-Gazprombank Group by $10 million.

Categories: Banks @en, General news, News, News of the hour | Comments Off on Russia's Gazprombank to increase authorized capital in Areximbank-Gazprombank Group by $10 million

Tags: AREXIMBANK, Gazprombank

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