AMERIABANK Investigates Small And Medium Banks For Its Further Exten

AMERIABANK INVESTIGATES SMALL AND MEDIUM BANKS FOR ITS FURTHER EXTENSION

ArmInfo
2008-12-16 14:10:00

ArmInfo. At present AMERIABANK is investigating small and medium banks
for choosing the potential candidacy to buy or amalgamate, Director
General of AMERIABANK Artak Hanesyan said at today’s press-conference.

To recall, thanks to holding of the third emission of shares by 1.2
bln AMD ($4 mln) in October of the current year AMERIABANK increased
its authorized capital up 18.2 bln AMD ($61 mln), having occupied the
first position in the banking market of Armenia. TDA Holdings LTD
representing the shareholders of the leading investment company in
Russia – Troika Dialog, became the majority shareholder of AMERIABANK
CJSC (96.15%) in August 2007.