Ameriabank plans to develop a pension accumulation scheme

|

USD

387.99

EUR

435.64

RUB

4.833

GEL

141.55

28.01.2010, 03:32

Ameriabank plans to develop a pension savings accumulation scheme, its CEO Artak Anesian said today at a news conference.

YEREVAN, January 27, /ARKA/. Ameriabank plans to develop a pension savings accumulation scheme, its CEO Artak Anesian said today at a news conference. He said the bank is implementing a pilot program with an affiliated company following which Ameriabank will offer similar schemes to all its clients.

He said the pension savings accumulation scheme was developed as a trust management fund.

He said pension payments will be accumulated on special accounts and the funds will be invested in least risky assets, such as state bonds and securities.

Ameriabank is owned fully by TDA Holding Ltd, an affiliation of one of the biggest Russian investment companies Troika Dialog. At the end of 2009 its assets totaled 103.5 billion Drams, liabilities-81.8 billion Drams, the aggregate capital-21.7 billion Drams and the charter capital 18.2 billion Drams (in terms of charter capital Ameriabank is the highest rated Armenian bank). Its overall credit investments stood at 54.1 billion Drams and liabilities towards clients at 69.1 billion Drams. Its net profits in 2009 amounted to 1.5 billion Drams. ($1 – 377.83 Drams). M.M.-0-

Armenia seeks solution for alcohol exports: talks with Georgia underway

Armenian authorities are looking for a solution for alcohol exports, Economy Minister Gevorg Papoyan said today in response to a question about what the ministry was doing to resolve the problem that Armenian alcohol exports have been facing for weeks already when trying to cross the Georgian border into Russia.

13.05.2025 17:04

Armenia's service sector grew by 11.5% in Q1, reaching AMD 865.3 billion

Armenia’s service sector in the first quarter of 2025 amounted to AMD 865,288.2 million (in current prices), an increase of 11.5% compared to the first quarter of 2024, the National Statistical Committee reported.

12.05.2025 17:16

Armenia surpasses some European countries in terms of service level – international coach

The level of service in Armenia is much better than in some European countries, said international coach in customer service and leadership Aneta Korobkina, who has many years of experience in the personnel development industry and, including customer service.

12.05.2025 17:03

VTB (Armenia) increased the volume of loans issued based on the borrower's credit history by 2.5 times

The volume of loans issued to small businesses under the New Partner program in the first quarter of 2025 exceeded 160 million drams.

12.05.2025 16:42

New FEZ to be created in Myler ski resort in Armenia

The Armenian government made a decision today to create a new free economic zone (FEZ) MyLer in the Yegipatrush community of the Aragatsotn region.

08.05.2025 18:09

Armenian farmers to receive partial compensation for slaughter expenses at slaughterhouses

The Armenian government today decided to partially compensate Armenian farmers for the cost of slaughtering their livestock at licensed slaughterhouses.

08.05.2025 17:26

“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More

Ameriabank is launching the project “My Ameria, My Family”, the logical continuation of the project “My Ameria, My Armenia” implemented at the end of last year.

08.05.2025 12:12

Converse Bank Joins the Asian Development Bank's Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

07.05.2025 18:25