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    Emil Lazarian
  • 16 years ago
    • Categories: News

Cascade Bank Is Not Planning To Merge With Ameriabank

CASCADE BANK IS NOT PLANNING TO MERGE WITH AMERIABANK

ArmInfo
2009-05-09 00:06:00

ArmInfo. Cascade Bank is not planning to merge with
Ameriabank. Director General of Cascade Bank Aharon Levonyan has
told ArmInfo that, as any modern healthy organization, Cascade bank
is planning strategic scenarios but not obligatorily mergers and
acquisitions. Presently, the bank is revising its budget and strategic
develop program, Cascade Bank regards the crisis as an opportunity to
start new projects. The bank has ambitious and aggressive development
plans, says Levonyan.

The 100% owner of Cascade Bank is Cascade Capital Holdings, comprising
Cascade Credit, Cascade Investments, Cascade Consultants and Cascade
Insurance.

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
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