Ardshininvestbank CJSC Plans To Hold Contests Regularly Among TheSta

ARDSHININVESTBANK CJSC PLANS TO HOLD CONTESTS REGULARLY AMONG THE
STAFF OF THE BANK FOR THE TITLE OF THE “BEST SPECIALIST” IN THE
SPHERE OF PROVIDING BANK SERVICES

YEREVAN, June 29. /ARKA/. Ardshininvestbank CJSC plans to hold
contests regularly among the staff of the bank for the title of the
“best specialist” in the sphere of providing bank services. According
to the Press Service of the Chairman of Ardshininvestbank’s Board,
a day before a contest for “the best operator “MoneyGram” in the
system of Ardshininvestbank” was held. The best operators providing
“MoneyGram” international remittances services to clients, were
encouraged. After resuming the results, 8 operators from 5 branches
of Ardshininvestbank, 3 of which are located in the capital, namely
“Yerevan”, “Avangard” and “Arabkir”, and two of them functioning in
Gyumri and Vanadsor, became the winners of the contest. The Chairman
of Ardshininvestbank’s Board A. Andreasyan, the Deputy Chairman
of the bank’s Board G. Harutyunyan and the Head of International
Management A. Manukyan conferred diplomas on and gave presents to
the operators-winners on June 28, 2005. One of the days such presents
and diplomas will be granted to the winners from Gyumri and Vanadsor.

“The Board of the bank is sure that such contests not only contribute
to increasing the professional level of specialists of various
specialties, but also positively affect on their behavior during
their work with clients”, according to the press-release.

Ardshininvestbank CJSC was set up on May 25, 2003 and received its
license (#83) on Feb 27, 2003. The founder of Ardshininvestbank is
International Business Centre Russian financial industrial group.
100% of the bank’s shares are owned by two enterprises involved in
the group.

The banks’ total capital made AMD 5,7 bln. as of March 31, 2005,
its authorized stock capital- AMD 3 bln., the assets-AMD 42,6 bln.,
the net profit for Q 1, 2005 -AMD 352,6 mln., balance profit -AMD
2545,3 mln. ($1 -AMD 442,85). A.H. –0-

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS