New Armenian Economy Minister Named

He headed until this month the Armenian parliament’s standing committee on finance and budgetary affairs. Incidentally, Papoyan is a former member of ex-President Serzh Sarkisian’s Republican Party of …

Bank Of Georgia Bids For Ameriabank

However, the Bank of Georgia, the country’s largest bank, made a $303.6 million bid for 90% of Armenia’s largest lender, Ameriabank, surprising many. BOG chairman Mel Carvill said the acquisition …