Gazprombank Will Help Armenia

GAZPROMBANK WILL HELP ARMENIA

Economic News
January 28, 2008 Monday

Yerevan. ">OREANDA-NEWS . January 28, 2008. According to the Prime
Minister, by getting involved in Armenia as one of Russia’s leading
banking institutions, Gazprombank would promote considerably the
development of the cooperation between the two countries in financial
and banking sectors. Serzh Sargsyan said that the RA government
prioritized the establishment of mutually beneficial cooperation with
outstanding and notorious banking entities, such as Gazprombank. He
assured that, for many years now, our country has been striving to
make the domestic business environment more attractive to major
investment by taking steps towards legislative improvements. The
Prime Minister stressed that this was promoted by the sustained
economic growth of recent years, as well as by the increased volume
of foreign investments.

Thanking the government and the Prime Minister of Armenia for support,
Andrei Akimov said that his company’s interaction with Armenia was
interesting and prospective. He assured that Gazprombank’s involvement
in Armenia would aim the strengthening and further development of
our country’s banking and financial sectors.

According to him, there are good opportunities up for investment
in various spheres of the Armenian economy, inclusive of the energy
sector, susceptible to be facilitated by the availability of important
human capacity.

At the close of the meeting, having wished Gazprombank every success
in its undertakings in Armenia, Serzh Sargsyan said that the Government
of Armenia was ready to discuss any proposal and initiative concerning
the development of a mutually beneficial cooperation and would assist
with implementation thereof within the limits of its powers.

From: Emil Lazarian | Ararat NewsPress

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