Shareholders of Armenian Unibank have no intention to sell their assets in
Armenia

YEREVAN, March 23. /ARKA/. Shareholders of Armenian Unibank have no
intention to sell their assets in Armenia, Georgy Piskov, chairman of
Uniastrum Bank’s board and a member of Unibank’s directorial board,
said on Thursday.

`Today we are not in need of selling Unibank’s stocks, since we
possess sufficient financial resources to develop this business many
years long’, he said.

Piskov said that shareholders have no intention to withdraw from
Armenian market and `they feel themselves excellent here’.

Unibank was established in 2001. Uniastrum Asset Management holds 50%
of Unibank’s shares. Remaining 50% belong to Evainvest resident
company.

Unibank’s assets totaled AMD 68.8 billion and liabilities AMD 59.3
billion by late December.

Total capital was AMD 9.5 billion, credits AMD 46.1 billion,
liabilities to clients AMD 47.7 billion.

The bank’s net profit amounted to AMD 1.8 billion in 2008.

Total capital was AMD 11.5 billion and authorized capital AMD 8.6
billion by late February 2009.

The bank has 29 branches. ($1=3D AMD 372.89). M.V. –0–