Ameriabank To Introduce System For Deterring, Preventing And Elimina

AMERIABANK TO INTRODUCE SYSTEM FOR DETERRING, PREVENTING AND ELIMINATING ECOLOGICAL RISKS

ARKA
October 13, 2009
Yerevan

YEREVAN, October 13, /ARKA/. Levon Arevshatian, Corporate Customers
Director of Armenian commercial AmeriaBank, said the bank plans to
introduce a system designed for deterring, preventing and eliminating
ecological risks.

He said international lending organizations demand that nature
protection standards be observed during implementation of credit
projects. He said the bank will recruit an expert on management of
ecological risks. He said the move will be unprecedented in Armenian
banking sector.

According to him, the expert will be participating in the process after
a decision on a credit program is made to watch that all international
ecological standards and norms are observed.

AmeriaBank is a corporate bank with integrated investment-banking and
a limited number of retail banking services. In August 2007 96% of
the bank was obtained by TDA Holdings Limited, an investment company
affiliated with the leading and largest Russian investment group
company – Troika Dialog. In 2007-2008 TDA Holdings Limited increased
its equity participation up to 99.99%. AmeriaBank chairman of board
of directors is Ruben Vardanian. ($1 – 385.87 Drams).

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS