Ardshininvestbank Pays Compensations To Inheritors Of Armenian Genoc

ARDSHININVESTBANK PAYS COMPENSATIONS TO INHERITORS OF ARMENIAN GENOCIDE VICTIMS BY AXA INSURANCE

ArmInfo
01.03.2010

ArmInfo. In all departments of Ardshininvestbank the inheritors of
the Armenian Genocide (committed by Turkish authorities in 1915)
victims insured in the French insurance company "AXA" can receive
insurance compensations. The payments are carried out by the cheques
issued by AXA at special tariffs reduced by 1%.

To note, in early February the Central District Court of California
acknowledged 996 applicants as assignees of the Genocide victims
insured in AXA. The assignees will receive a compensation worth a
total of $11.3 mln, and over $6 mln will be directed to benevolent
purposes and coverage of judicial expenses.

To recall, Ardshininvestbank has 55 branches, of them 13 in Yerevan,
36 in regions of Armenia, 6 in Nagorno-Karabakh, and 1 representation
in Paris.