"Gasprombank" Has Far-Reaching Objectives And Long-Term Programs

"GASPROMBANK" HAS FAR-REACHING OBJECTIVES AND LONG-TERM PROGRAMS

armradio.am
25.01.2008 15:16

President Robert Kocharyan today received the President of
"Gasprombank" Andrey Akimov and the Deputy President of the Governing
Council of the Bank Farid Kantserov.

The President welcomed the entry of "Gasprombank" to Armenia.

According to Robert Kocharyan, the Bank will face serious competition
in Armenia, the banking system of our country is rapidly developing
and last year branches of five foreign banks started operating the
republic. The President noted that though very liberal, the banking
legislature simultaneously envisages serious control of the activity
of the banks.

Presenting the activity of "Gasprombank," Andrey Akimov noted that it
is one of the largest banks of Russia, which makes great investments in
the economy, as well. According to him, the Bank does not anticipate
immediate profits in Armenia, it is disposed to do a serious work
and has far-reaching objectives and long-term programs.

The President of the Bank assured that Armenia is acquiring a serious,
reliable and sane partner. He noted that they intend to work with
industry and agriculture and envisage serious means for charity
programs.