Saturday, August 21 2010 16:43

Ardshininvestbank opens repaired branch in Armavir


ArmInfo. Ardshininvestbank opened its repaired branch in Armavir today.

The branch has been repaired in the framework of the bank's program to upgrade and improve its branch network.

During the opening ceremony Chairman of the Board of Ardshininvestbank Nerses Karamanukyan said that the bank offers equal terms in Yerevan and the regions. "All the employees of the Armavir branch have professional education. The branch is equipped with modern technologies and is ready to provide its customers with high quality services (depositing, money transfers, crediting, etc.). In Jan-June 2010 the profit of the branch exceeded 30mln AMD, the credit portfolio - 760mln AMD. By the end of this year this index is expected to reach 1bln AMD," Karamanukyan said.

He said that by enlarging its branch network Ardshininvestbank is seeking to get more actively involved in the economic and financial development of the Armenian regions.

In Armavir region the bank has one more branch - in Echmiadzin.

As of today Ardshininvestbank has 55 branches: 13 in Yerevan, 36 in the regions and 6 in Nagorno-Karabakh. The bank also has a representation in Paris. One of its shareholders is IFC (10%).
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