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Armenia Is The Place To Invest With Confidence: PM

The Prime Minister of Armenia, Tigran Sargsyan, received the representatives of Gazprombank OJSC, one of the largest banks in Russia, headed by Executive Vice-President Alexander Kaznacheev. The President of the Board of Areksimbank Karen Karapetyan and Executive Director Armen Khandikyan were present at the meeting.

The Prime Minister extended congratulations on the occasion of the 10th anniversary of Areksimbank, wished success and soon implementation of joint programs with Gazprombank. Armenia has declared the goal of becoming a regional financial center as an economic priority and the government works very closely with the banks helping them with logistical support. Armenia intends to be the second Dubai in the region by becoming a financial bridge between East and West.

During the meeting the Prime Minister was introduced to the future programs of the Areksimbank and the perspectives of development expected as a result of cooperation with Gazprombank.

Tigran Sargsyan suggested to pay a great attention to the financing of small and medium-sized enterprises. According to the Armenian PM, if Gazprombank is striving to gain a leading position in the competitive banking market of Armenia, it should act quickly and make efficient use of the existing opportunities.

Tigran Sargsyan stressed that Armenia is the place where one can invest confidently.

Reported by Public Radio of Armenia

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