Tigran Sargsyan Says Armenia Is A Place Where Investments My Be Brav

TIGRAN SARGSYAN SAYS ARMENIA IS A PLACE WHERE INVESTMENTS MAY BE BRAVELY MADE

ARMENPRESS
Oct 31, 2008

YEREVAN, OCTOBER 31, ARMENPRESS: Armenian Prime Minister Tigran
Sargsyan received today representatives of one of the biggest banks
of Russia "Gasprombank" headed by the executive deputy head Alexander
Kaznacheev and leadership of the full member of "Gasprombank" group
and 100% daughter bank "Areximbank" on behalf of the chairman of
the council of the bank Karen Karapetian and general director Armen
Khandkarian.

Governmental press service told Armenpress that the prime minister
congratulated "Areximbank" on its 10th anniversary, wishing success
and implementation of programs.

Tigran Sargsyan suggested that in the programs special attention be
paid to financing of small and medium-sized enterprises, considering
that market perspective. According to the head of the government,
if "Gasprombank" seeks to take leading position in Armenia’s banking
field it must operate quickly and effectively, using its potential,
taking into consideration the circumstance that as compared with Russia
Armenia’s financial sector is small but it is very strong and stable.

Speaking about the tendencies in the world that everyone is concerned
of making investments in more stable places, the prime minister pointed
out that Armenia is a place where investments may be bravely made.