The Armenian-Russian Export-Import Bank was established in 1998 to support
the entrepreneurship and manage the financial flows between Russia and Armenia.
License N80 of the Central Bank of the Republic of Armenia issued on 5 August
1998.
The bank is the principal member of VISA International and Master Card
International payment systems, and the member of Western Union and SWIFT
systems.
From October 2006 the bank participates in the German KfW bank program
Stable Development of the Mortgage Market.
In August 2005, the Moscow Impexbank acquired 19,91% shares of
Areximbank.
On November 29 of 2007, Gazprombank (Open Joint Stock Company), having
received the approval of the Central Bank of the Republic of Armenia, acquired
the control package of "Areximbank" CJSC shares.
Information on the share-holders, having considerable participation in
"Areximbank" CJSC, their names, the volume of their participation: "Gazprombank"
OJSC - 80,0854000%, " Raiffeisenbank " CJSC - 19,9146000%
As of 30 June 2008: total capital - 9 664 276 thousand dram, the assets - 29
516 441 thousand dram, the liabilities - 19 852 165 thousand dram.
