
Published on May 22, 2007
RAIFFEISEN INTERNATIONAL TO PURCHASE BANK IN ARMENIA
"Mediamax" informed that Raiffeisen International Austrian bank is going to purchase banks in Armenia and Kazakhstan. Referring to "Reuters," "Mediamax," said that the head of the bank Herbert Stepic stated this in the course of the annual meeting of the European Restoration and Development Bank share holders in Kazan. He emphasized that "the home political situation of the country is quite an important factor for the purchase." "We will be represented in the country where the state and the givernment will treat us kindly," he said.
The Raiffeisen International Bank is a large banking institution that posseses "Raiffeisenbank Austrian" and "Impexbank" in Russia. The latter posses almost 20 % of the Armenian "Areximbank" shares.
- By Ara Martirosian
© Azg
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By Ara Martirosian"Mediamax" informed that Raiffeisen International Austrian bank is going to purchase banks in Armenia and Kazakhstan. Referring to "Reuters," "Mediamax," said that the head of the bank Herbert Stepic ...
© Azg
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Today in Armenian history- 1864 Turkish forces attack Sassoon (Western Armenia), but retreat because of Armenian resistance.
- 1907 Birth of composer Goorgen Alemshah. He died in 1947.
- 1918 Start of the four-day battle of Sardarapat at the end of which the Armenian forces defeated the Turkish Army.
- 1919 The Publication of Constantinople's Extraordinary Military Tribunal's decision on the perpetrators of the deportation of Trabizond's Armenians.
- 1924 Birth of Charles Aznavour (singer).
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