Analytical Information Agency, Russia
June 6 2005
Impexbank will directly hold 19.9% of Areximbank’s stocks.
Next week Impexbank will acquire a 19.91-percent stake in commercial
Areximbank.
Areximbank’s capital equals $4.7 million. Accordingly the deal value
will total $935.77 thousand.
The share of direct participation of Impeksbank in Areximbank will
make 19.9 %. AT present the shareholders of Areximbank are Armenian
company ” Finmarket ” and the non-resident – RosCreditResources,
being controlled by Impexbank and Unikor-Finance which operates the
assets of businessman Boris Ivanishvili.
The Russian-Armenian export-import bank has been created in 1998 for
support of business and service of financial flows between Russia and
Armenia. As of April 1, 2005, Areximbank’s assets amounted to $46.64
million.
Impexbank was founded in 1993, its authorized capital is 2.334
billion rbl. It enters 30 largest Russian credit organizations,
monthly published by the Central Bank. The Bank is supervised by the
structures close to businessman B.Ivanishvili.