GAZPROMBANK AIMS TO ENTER THE ARMENIAN FINANCIAL MARKET

Banking and Stock Exchange, Finance, Economics (Russia)
Reference: Interfax, "Financial Institutions", Business & Financial
Markets, August 3, 2007, p.11
August 6, 2007 Monday

There are different scenarios of expansion into the Armenian financial
market. A source at the bank states that it will likely do it by an
acquisition. Negotiations on the expansion into the Ukrainian market
were stopped.