Ardshinbank Office Opened in Paris

YEREVAN (Armenpress)–One of the leading Armenian commercial banks Ardshinbank (ASHB) opened its representation in Paris–Tuesday. According to the Armenian foreign ministry–the opening ceremony was attended by representatives of France’s banking sector–businessmen and leaders of Armenian community.

Speaking at the ceremony ASHB chief manager Levon Farmanian gave an overall picture of Armenia’s banking system–which–according to experts of international financial organizations–is the most developed and stable structure in the post-Soviet territory.

Armenia’s ambassador to Paris Edward Nalbandian particularly stressed that ASHB representation in Paris will enhance development of trade-economic relations between the two countries–as France remains one of the major investors in Armenia’s private sector.

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