News Column


January 24, 2014

NKR president thinks opening of "Ardshininvestbank" offices in the republic is important Yerevan , January 24 . Arminfo. Aleksandr Avanesov . On 24 January Artsakh Republic President Bako Sahakyan received chairman of the "Ardshininvestbank" closed joint stock company's governing board Mher Grigoryan . As press-service of the president reported, President Sahakyan considered successful the activity of the bank in Artsakh, noted the significance of the bank's branches functioning in the regions which had made a substantial contribution to the development of banking network in our republic. Artsakh Republic minister of finance and economics Spartak Tevosyan and other officials partook in the meeting. According to the Financial Rating of Armenian Banks, prepared by ArmInfo, in 2013 the assets of the bank grew by 36,5% up to 270.9 billion drams. General liabilities of the bank for the reported period grew by 39,3% - up to 226.7 billion AMD, and the liabilities to the banks and other financial organizations - by 54,1% up to 70.9 billion AMD. The bank finished the year of 2013 with a net profit 6.5 billion AMD - by 53,6% more versus 2012. At present Ardshininvestbank has 55 offices, 13 in Yerevan , 36 - in the regions of Armenia and 6 in the NKR.

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Source: ArmInfo - Newswire (Armenia)

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