CENTRAL BANK OF ARMENIA REGISTERES PROCREDITBANK’S NEW BRANCH, GYUMRI
ARKA
June 16, 2009
YEREVAN, June 16. /ARKA/. Central Bank of Armenia has registered
ProCreditBank’s new branch, Gyumri, press office of the Central bank
reported on Tuesday.
ProCreditBank started functioning in Armenia on February 5, 2008.
The bank focuses its activity on supporting small and mid-scale
businesses by providing services such as opening and servicing accounts
and various types of deposits.
ProCreditBank’s shareholders are ProCredit Holding AG – 67.49%, KfW –
15.84 % and EBRD – 16.67 %.
ProCreditBank’s parent office is in Yerevan.
The bank has four branches in Yerevan and one in Vanadzor.