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#ACQUISITION

Business

Ardshinbank Successfully Completes Acquisition of HSBC Armenia

"Ardshinbank" CJSC announces the completion of the acquisition process of 100% shares of "HSBC Armenia" CJSC (HSBC Armenia). After the finalization of the transaction and integration works, which took about ten months, HSBC Armenia on November 29 was renamed “Ardshininvestbank”.

29.11.2024, 09:30

Business

Central Bank of Armenia gives preliminary consent for acquisition of Ameriabank by Bank of Georgia Group

Еhe Board of the Central Bank of Armenia gave March 29 a preliminary consent to the acquisition of a significant part in the authorized capital of Ameriabank CJSC by the Bank of Georgia Group PLC and GNC Bank of Georgia

01.04.2024, 09:28

Business

Bank of Georgia in talks over potential acquisition of Ameriabank

Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.

15.02.2024, 19:14

Business

Central Bank of Armenia comments on acquisition of HSBC Bank Armenia by Ardshinbank (exclusive)

The Central Bank of Armenia has not yet received an official application and has not given its preliminary consent to the acquisition of HSBC Bank Armenia by Ardshinbank, the regulator said in response to ARKA news agency's inquiry.

13.02.2024, 17:13

Business

Ardshinbank announces agreement to acquire HSBC Armenia

Ardshinbank, the largest Armenian banking group, is today announcing it has reached a binding agreement with HSBC Europe B.V., a subsidiary of HSBC Holdings plc, to acquire its fully owned banking subsidiary in Armenia.

06.02.2024, 16:09

Society

Armenian parliament passes new version of law on regulation of firearms

By a vote of 65, the Armenian parliament passed Wednesday a new version of the law that regulates acquisition, possession and use of firearms by civilians in the second and final reading.

06.10.2022, 10:10

Business

Ardshinbank announces acquisition of part of VTB-Armenia Bank's retail consumer loan portfolio

Ardshinbank CJSC said today that an agreement has been reached with VTB-Armenia Bank CJSC on the transfer of part of the retail portfolio of consumer loans. From March 28, Ardshinbank has been servicing part of VTB-Armenia individual borrowers.

30.03.2022, 18:36

Business

Some 400 individual investors and corporate entities acquire 4.5 billion drams worth shares of Acba bank (video)

Some 400 individual investors and corporate entities have acquired 4.5 billion drams worth shares of Acba bank, which it issued in September 2021, the bank’s press office said today.

28.10.2021, 11:09

Business

Lenta LLC Russian retailer announces acquisition of Billa Russia GmbH for EUR 215 million

Lenta LLC, a leading Russian multi-format food and FMCG retailer, today announced an agreement to acquire the supermarkets business of Billa Russia GmbH for EUR 215 million in cash.

19.05.2021, 13:39

Society

Armenian government to buy 10 new ambulance vehicles

The Armenian government decided today to release 150 million drams (about $308,000) for the acquisition of 10 ambulance vehicles with cross-country ability.

02.03.2017, 15:36

Business

Gazprom to acquire additional issuance of shares by Gazprom Armenia

Russian Gazprom’s Board of Directors at a meeting on December 1 decided to acquire the additional issuance of shares by its subsidiary Gazprom Armenia, worth 2.5 billion rubles.

02.12.2016, 19:19

Business

US-based company may acquire Armenian dairy plant

A US-based company called Adra Remara may acquire an Armenian dairy company that ceased operations last month due to dire financial problems and huge debts.

01.12.2016, 16:13