BANKERS SPEAKING AT NEWS CONFERENCE
Support A1+!They said directorial boards of the two banks decided to join voluntarily without any pressure.
It is remarkable that Armagrobank, which was in the brink of bankruptcy and already considered as insolvent, did manage to repay 80% of its debts.
“None of our 776 depositors will be left without his money”, said Armagrobank’s executive director.
The banks representatives denied to tell which part of assets and responsibilities will pass to Ardshininvestbank. “This is a commercial secret”, they said.
The head of Ardshininvestbank promised that not a single employee will be dismissed and no cut in stuff is expected. He also said the joint bank’s objective is to recover Armenian bank system.
