"ACBA-CREDIT AGRICOLE BANK" OPENED A BRANCH IN YEGHVARD; "BANKVTB (ARMENIA)" CLOSED ANOTHER BRANCH

Mediamax Agency, Armenia
July 18 2007

Yerevan, July 18 /Mediamax/. By the decision of the Chairman of the
Central Bank of Armenia, "Yeghvard" branch of "ACBA-Credit Agricole"
bank is registered.

As Mediamax was told in the CB press service today, the branch is
located 48 Charents str, Yeghvard town.

By another decision of the CB Chairman, cessation of the activities
of N25 branch of "Bank VTB (Armenia)" is registered.