CONVERSE BANK’S OWNER IS AN AMERICAN COMPANY
Noyan Tapan
Feb 05 2007
YEREVAN, FEBRUARY 5, NOYAN TAPAN. The owner of Armenian Converse
Bank’s control packet of shares is the Advanced Global Investments
LLC American company, which, according to the company’s report, is
controlled by Argentine Armenian businessman Eduardo Ernekian. Five
percents of Converse Bank shares was donated by one of bank’s former
owners to the Mother See of Holy Etchmiadzin.
The Mother See will continue to manage this share.
After the bargain of bank’s sale E.Ernekian said: "Currently we have a
stable and mighty bank and we plan to develop it for even more in the
future." In his words, Converse Bank provided a skilful and retrained
staff to the Advanced Global Investments LLC and E.Ernekian is going
to keep this staff.
To recap, the bargain of Converse Bank’s sale was implemented on
January 31.