Areximbank continues expanding its branch network
23.05.2009 16:53 GMT+04:00

/PanARMENIAN.Net/ New ‘Charents’ branch of Areximbank will start
operating soon in Yerevan along with recently opened branches in
Armavir, Artashat and Abovian. The new branch will provide services to
ArmRosgazprom office.
Areximbank has 15 offices at the moment, 9 out of which are regional.
The Armenian-Russian Export-Import Bank was established in 1998 to
support the entrepreneurship and manage the financial flows between
Russia and Armenia.
The bank is the principal member of VISA International and Master Card
International payment systems, and the member of SWIFT system.
>From October 2006 the bank participates in the German KfW bank
program `Stable Development of the Mortgage Market’.
In August 2005, the Moscow Impexbank acquired 19,91% shares of
Areximbank.
On November 29 of 2007, Gazprombank (Open Joint Stock Company), having
received the approval of the Central Bank of the Republic of Armenia,
acquired the control package of Areximbank CJSC shares.
Information on the share-holders, having considerable participation in
Areximbank CJSC, their names, the volume of their participation:
Gazprombank OJSC – 80,0854000%, Raiffeisenbank CJSC – 19,9146000%
On April 31 of 2009 Areximbank’s aggregate capital amounted AMD 9 693
967 thousand, assets made AMD 38 598 937 thousand and liabilities –
AMD 28 904 970 thousand.