 Yerevan,
May 23. /Arka/. RA President Robert Kocharian received President and CEO
of Russian "Vneshtorgbank" Andrey Kostin. According to the Press
Service of Armenian President, Kocharian expressed satisfaction with the
program of cultural exchange, carried out by the two countries with the
assistance of "Vneshtorgbank". He mentioned the tour of Bolshoy
Theatre currently held in Yerevan. In his turn, Kostin noted that the bank
is going to provide ongoing support for the organization of tours of known
Russian cultural groups in Yerevan.
The participants of the meeting also took up issues on "Vneshtorgbank"
participation in the activities of Armenian "Armsavingsbank".
At that, Kocharian said that the dynamic development of Armenian banking
system and the reforms carried out during the recent years allow starting
activities in new areas of banking services, in particular, in insurance,
hypothec and leasing fields. Kostin also noted that bank is to focus on
expanding services, provided to individuals.
The agreement on obtaining 70% shares of "Armsavingsbank" by
"Vneshtorgbank" was signed in Yerevan in March, 2004. |
