CENTRAL BANK OF ARMENIA REGISTERS NEW REGIONAL BRANCH OF ACBA-CREDIT AGRICOLE BANK
ArmInfo
2010-01-13 12:56:00
ArmInfo. A regional branch of ACBA-Credit Agricole Bank, "Maralik",
has been registered by December 30, 2009, decision of the Armenian
Central Bank Chairman, CB press service told ArmInfo.
To note, as of October 1, 2009, ACBA-Credit Agricole Bank had total
of 35 branches, the major part of which is located in the regions –
30 branches, and the rest 5 – in Yerevan. The bank holds the third
place, among the currently operating 22 commercial banks of Armenia,
by the range of branch network. The bank assets as of November 1 made
up 148.8 bln drams (1st position), credit portfolio – 86.2 bln drams
(1st position), total capital – 29.2 bln drams (1st position). The bank
shareholders as of this date are as follows: the biggest European bank
group Credit Agricole – 16%, SJSC Sacam International – 12,44% (member
of Credit Agricole S.A. group), Armavir Farmers Mutual Aid Association
(FMAA) – 14,08%, Ararat FMAA – 12,28%, Aragatsotn FMAA – 7,4%, Shirak
FMAA – 6,6%, Lori FMAA – 6,64%, Kotayk FMAA – 5,6%, Gegharkunik FMAA
– 5,28%, Tavush FMAA – 4,8%, Syunik FMAA – 4,28%, Vayots Dzor FMAA –
4,04% and Chairman of the Bank Board Stepan Gishyan – 1%.