ARKA News Agency – 03/22/2004

ARKA News Agency
March 22 2004

RA President Robert Kocharian released prosecutors of several Yerevan
communities from taking positions

Conversebank (Armenia) expands branches’ network

Command-staff exercises of RA Armed Forces to take place at all
territory of Armenia on March 23-27

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RA PRESIDENT ROBERT KOCHARIAN RELEASED PROSECUTORS OF SEVERAL YEREVAN
COMMUNITIES FROM TAKING POSITIONS

YEREVAN, March 22. /ARKA/. RA President Robert Kocharian released
prosecutors of several Yerevan communities from taking positions.
According to President’s Press Office, Prosecutor of Erebuni and
Nubarashen communities Mikael Badirian, Presecutor of Shengavit
community Alexander Garbian, Presecutor of Avana and Nor-Nork
communities Armen Sardarian and Prosecutor of Achapniak and
Davidashen communities Ovanes Stepanian were released from the
positions. L.D. –0–

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CONVERSEBANK (ARMENIA) EXPANDS BRANCHES’ NETWORK

YEREVAN, March 22. /ARKA/. Conversebank (Armenia) expands its
branches’ network, marketing department of the bank told ARKA. By
June it is planned to open branches in several cities of the
republic, namely in Charentsavan, Sevan, Oktemberian, Metsamor,
Hrazdan. According to preliminary decision, new branches will deal
with such banking operations as opening and servicing of accounts,
transfer of assets, currency operation, servicing of plastic cards,
provision of credits in gage of gold and others. The goal of
expanding in regions is to make bank’s services more comfortable and
accessible for the clients living in the regions.
Conversebank was registered on Dec 20, 1993. The bank was renamed
into Conversebank CJSC on Apr 26 1997. The bank got its license #87
on Oct 31 1996. Total capital of the bank as of Dec. 31, 2003
amounted to AMD – 3 375,4m. The bank’s assets totalled 25 254,1 m,
balance profit to AMD 1861.2 mln. In 2003 the bank generated a profit
in the sum of AMD 488.1 mln. (1 USD -1AMD 562.38). L.D. -0 –

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COMMAND-STAFF EXERCISES OF RA ARMED FORCES TO TAKE PLACE AT ALL
TERRITORY OF ARMENIA ON MARCH 23-27

YEREVAN, March 22. /ARKA/. Command-staff exercises of RA Armed Forces
will take place at all territory of Armenia on March 23-27. The
information was placed at the official site of RA Ministry of
Defense. The exercises will include technical, rear and medical
units. L.D. –0–

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