Wednesday, January 19 2011 19:06

Ardshininvestbank modernizes and reopens Ijevan and Dilijan branches


ArmInfo. Ardshininvestbank reopened two repaired branches in Ijevan and Dilijan today.

The press service of Ardshininvestbank reports that the branches has been equipped with modern technologies and will provide a wide range of services.

In Tavush region Ardshininvestbank has four branches, of which three are repaired while the fourth will be repaired in 2012. In 2010 the profit of the branches totalled 98mln AMD against 63mln AMD in 2009, the loan book - 1.1bln AMD ($3.11).

"Ardshininvestbank is has the second biggest branch network in Armenia and is constantly impoving its efficiency," says Karapet Gevorgyan, Acting Chairman of the Board of Ardshininvestbank. By ensuring its presence in all regions of Armenia Ardshininvestbank fosters their economic and financial stability. As of today the bank has 55 branches: 13 in Yerevan, 36 in Armenia's regions and 6 in Nagorno-Karabakh. It also has an office in Paris. The majority shareholders of Ardshininvestbank are Business Investments Center (87.23%) and IFC (10%).
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