All news related to MERGING

Mergers and portfolio handovers expected in Armenian insurance market in 2016-2018

25.08.2016 18:27

Mergers and portfolio handovers expected in Armenian insurance market in 2016-2018

YEREVAN, August 25. /ARKA/. The number of insurance companies in Armenia is expected to reduce over a period between 2016 and 2018 because of mergers or portfolio handovers, the Central Bank of Armenia says in its report ‘Possible Developments of Armenia’s Banking Sector in 2016-02018’ based on programs of prospective development of Armenian insurance companies.

According to the report, several flagship companies will continue operating at the country’s insurance market, while other companies will occupy lower-level niches here.

New types of obligatory insurance will be introduced in Armenia, particularly mandatory medicare insurance.

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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)

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

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Central bank chairman says another bank merger expected

19.05.2016 14:47

Central bank chairman says another bank merger expected

Armenian Central Bank chairman Artur Javadyan announced today an imminent merger of two more banks when presenting the regulator’s report on the implementation of the 2015 monetary policy to parliament

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Armeconombank's normative capital to amount to AMD 23 billion after merger with BTA Bank

21.03.2016 16:04

Armeconombank's normative capital to amount to AMD 23 billion after merger with BTA Bank

Armeconombank’s normative capital will amount to AMD 23 billion after merger with BTA Bank, the pres office of Armeconombank reported on Friday

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Armeconombank and BTA Bank (Armenia) merging

08.12.2015 15:36

Armeconombank and BTA Bank (Armenia) merging

Armeconombank and BTA Bank (Armenia) intend to merge, the press office of Armeconombank reported on Tuesday

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Merger with BTA Bank will increase Armeconombank’s regulatory capital

30.10.2015 15:17

Merger with BTA Bank will increase Armeconombank’s regulatory capital

Armeconombank’s expected merger with BTA Bank will increase our regulatory capital, Saribek Sukiasyan, a shareholder of Armeconombank, said in an interview with Armenian daily “Hraparak.”

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Armeconombank negotiating to merge with BTA Bank

20.10.2015 19:01

Armeconombank negotiating to merge with BTA Bank

Armeconombank OJSC is negotiating now to merge with Kazakhstan’s BTA Bank CJSC in Armenia, Anna Mkrtchyan, the press secretary of Armeconombank, told ARKA News Agency on Tuesday

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Central Bank of Armenia pledges support to banks in merging

04.11.2009 18:30

Central Bank of Armenia pledges support to banks in merging

The Central Bank of Armenia is ready to support banks in their efforts to merge

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