PROMETEY BANK

Prometey Bank donated to the “Ayb” educational foundation and the 5th Pan-Armenian Games

2011-08-10T16:55:00.003+05:00

   Staying in compliance with the endorsed principles of its corporate social responsibility Prometey Bank is expressing continuous support to the realization of various social, cultural and educational initiatives. The Bank donated to the "Ayb" educational foundation. The "Ayb" School is the first Armenian school community integrating the best of Mesropyan educational traditions with the world's latest technological resources.

   Prometey Bank always encourages the progress and an educational achievement for youth generation, the applications of modern technologies, promotes implanting and strengthening national values.
   Giving a special importance to the nurture of healthy spirit and national integrity in the public life, assisting the tightening of Armania-Diaspora relationships, Prometey Bank sponsored fifth Pan-Armenian Games which will take place in Yerevan from August 13 through August 21. Over 3000 Armenian sportsmen from 34 countries will participate in upcoming Games.

As at 31.07.2011, Prometey Bank recorded considerable progress in a number of its main financial indicators

2011-08-04T10:28:00.000+05:00

Prometey Bank recorded significant increase of the main financial indicators.
Increasing the asset volumes is the key strategic task of the Bank, and owing to the targeted policy implemented in this context, the Bank's assets grew by 34% compared to the year-start, achieving AMD 38.960 bln.

The considerable increase of total assets of the Bank lead to the substantial growth of loan portfolio. The size of loan portfolio increased by 38% compared to the year-start, achieving AMD 22.108 bln. The Bank offered competitive interest rates and conditions for lending in Armenian market, covering nearly all sectors of economic activities, specifically small and medium enterprises.
By the performance outcomes of first 7 months of 2011, the net profit of the bank achieved AMD 722 mln, exceeding last year's result of the same period by 64%.

Festive concert in Gyumri

2011-08-02T10:27:00.001+05:00

On July 30, 2011, an open air concert on the occasion of the opening of “Gyumri” branch of Prometey Bank, with the participation of the winners and other popular singers of “X-Factor”, “Hay SuperStar” and “National Singer” TV shows took place on Vardanants (previously Central) square of Gyumri.

The huge audience greeted the artists with excitement turning a summer day of Gyumri into a great occasion.

The full version of reportage of "Shant" TV on the concert can be found by the following link: http://www.youtube.com/watch?v=9pnDtrd9FTg

The representatives of Prometey Bank presented gifts to the pupil of the National Center of Aesthetics

2011-07-29T10:26:00.000+05:00

On July 28, 2011 Prometey Bank presented awards to the participants and the winners of the children’s contest “Independence in my view” organized by the Bank.

The contest was dedicated to the 20^th anniversary of Independence of the Republic of Armenia. Students of the National Aesthetics Center at the age of 5-15 participated in the competition.
The little artists expressed their unique ideas and perceptions in their wonderful art-pieces. Following the results of the competition, the students of the Center received as gifts painting accessories, and the winners received special prizes – a photo camera and tape recorders.

The three winners were:

Ani Avetisyan – 9 years old
Melisa Avetyan – 6 years old
Anush Igityan – 11 years old

“I have drawn a city in the wings of a bird: the city is free like a bird”, “There are no boundaries in the case of independence”, “Independence is the freedom of the human soul”, “Freedom is when dreams may come true”, “Animals are not free in the cage, but people are” - are commenting little artists.

Prometey Bank thanks the management of the National Center of Aesthetics, as well as FAINBERG Company for the support to the organization of the contest. Stressing the importance of the Armenian education. In the nearest future Prometey Bank will publish the works of the competition which are available at the following link:
http://www.prometeybank.am/?laid=2&com=module&module=gallery&album=124

The opening of Prometey Bank “Gyumri” branch

2011-07-19T10:25:00.002+05:00

Prometey Bank, expanding geographically, will perform its banking activity also in Gyumri – offering high quality services to its population.

The festive opening ceremony of “Gyumri” branch took place on July 16, 2011 with the participation of several officials, including RA CB executives, businessmen, highbrows and several other guests.

Prometey Bank will serve its Gyumri clients in modern, wide and very comfortable branch equipped with high end techniques. Entering а new market Prometey Bank will offer its clients special tariffs and discounts.

·Business loans with annual interest rate of 14% for AMD, 13% for USD without any intermediary fee till August 31,

·Free Maestro cards without annual service fee till August 31,

·Special gifts for the first 20 corporate clients.

The “Gyumri” branch of “Prometey Bank” LLC has been registered,By the RA Central Bank Chairman decision number 1/768A, 13/07/2011, at the address Shahumyan 125/3, Gyumri.

Due to the inconvenient weather conditions the open air concert on the occasion of the opening of “Gyumri” branch of Prometey Bank was delayed. It will take place on July 30 at 18:30 on Vardanants square of Gyumri.

The full version of reportage of "Shant" TV on the opening of the branch can be found by the following link http://www.youtube.com/watch?v=yUpfV-oReGw

“Gyumri” branch of Prometey Bank has been registered

2011-07-15T10:25:00.000+05:00

By the RA Central Bank Chairman decision number 1/768A, 13/07/2011, the “Gyumri” branch of “Prometey Bank” LLC has been registered, at the address Shahumyan 125/3, Gyumri.

The Interview of the Chairman of the Management board of Prometey Bank

2011-06-15T10:23:00.000+05:00

On June 9, 2011, Mr. Emil Soghomonyan, the Chairman of the Management board of Prometey Bank gave an interview to Mediamax news agency and Banks.am web page.

The interview can be found by the following link:

http://www.banks.am/en-news-2-5802.html

Prometey bank to children

2011-06-02T10:09:00.000+05:00

On June 1, 2010, in honor to the International Children’s Day, the representatives of Prometey bank visited to orphanage “House of Children” in Gyumri to congratulate children and present gifts: clothes and the goods for primary necessities.

The mission of the orphanage “House of Children” is the maintenance of the continuous care of the children aged under 6, with mental and physical disabilities, organic and functional disorders of central nervous system, as well as children with in born and obtained physical diseases. Currently 128 children are being cared in the “House of Children”.

Keeping the principle of the corporate social responsibility Prometey Bank is expressing continuous support to children with the need of special care.

During the visit Rusanna Avagyan, the Director of “House of Children” orphanage handled a Note of Thanks to The Chairman of the Management Board of Prometey Bank Mr. Emil Soghomonyan for the donations to “House of Children” and for philanthropic behavior. It is worth to mention that the total fund from the 20th anniversary concert of the Bank also was donated to the orphanage “House of Children” of Gyumri.

Prometey bank will attract 2 mln. Euro credit resources

2011-06-01T10:06:00.000+05:00

On May 31, 2011, Prometey bank has signed an agreement with its partner BAADER bank - German investment bank on the attraction of 2 mln. Euro credit resources. Тhe mentioned agreement is the proof of the deepening and development of cooperation and effective partnership between the two banks.

Awards to the winners of the “Best business offer” contest from Prometey Bank

2011-05-20T10:02:00.000+05:00

On May 20, 2011, during the festive meeting with the students of the Faculty of Economics of Yerevan State University, the representatives of Prometey Bank granted monetary awards to the winners of the “Best business offer” contest. The winners of the contest were:

1. Lena Hovhannisyan, awarded MasterCard Gold card and 150.000 AMD

2. Sona Minasyan, awarded MasterCard Standard card and 100.000 AMD

3. Nare Simoyan, awarded Maestro card and 50.000 AMD

The best participants of the contest were offered to work at the Bank as trainees with the aim to be hired by the Bank in the future.

The above mentioned contest was a consequent step in the Banks policy to promote the progressing students’ professional development.

The organization of such kind of events by the Bank will be continuous.

Global Finance selected Prometey bank as the “Best Sub-Custodian bank” of Armenia in 2011

2011-05-18T10:01:00.000+05:00

On May 16, 2011 Global Finance reputable magazine selected Prometey bank as one of the World’s Best Sub-Custodian Banks in 2011 and the “Best Sub-Custodian Bank” of Armenia.

For making the decision, customer relations, quality of service, competitive pricing, technology platforms, business continuity plans and knowledge of local regulations and other criteria were taken into account.

As Mr. Joseph Giarraputo, publisher of Global Finance said “We have identified those banks that do the best job of asset servicing and protection in markets around the world.”

The official press release can be found on the following address:

http://www.gfmag.com/tools/best-banks/11243-worlds-best-sub-custodian-banks-2011.html#axzz1Mc5gozm7

The international rating of Prometey Bank

2011-04-08T10:00:00.000+05:00

On April 8, 2011, Moody's Investors Service international reputable rating company reconfirmed the "B1" rating granted to the Bank for attraction of long-term deposits in Armenian drams and foreign currency, as well as a "E+" financial sustainability rating (BFSR) with STA Outlook.

Already new reduced tariffs at Prometey bank

2011-04-06T09:58:00.000+05:00

Based on the priority of “bank-customer” tight, mutually beneficial and trustworthy relationships, Prometey bank is happy to announce that staring from 04.04.2011 new reduced commission rates and tariffs are being charged for the services provided to the customers.

Particularly, there are reduced tariffs for bank account maintenance, cash operations, bank transfers, plastic cards and many other services.

New reduced tariffs of MIGOM international money transfer system at Prometey Bank

2011-04-04T11:37:00.001+05:00

Starting from April 1, 2011, it is possible to make and receive transfers at Prometey bank by new reduced tariffs of MIGOM international money transfer system.

At the same time, the maximum sum of one transfer has increased. Now it is possible to transfer 15,000 USD/EUR instead of 10,000 USD/EUR and 590,000 RUR instead of 330,000 RUR.

Incentive prize to the YSU Economic contest participants

2011-04-04T09:57:00.000+05:00

On April 3, 2011, an Economic Contest of students of YSU Faculty of Economics took place in Tsakhkadzor. As a sign of the Bank’s willingness to promote the progressing students’ professional development, all the participants of the contest received promotional gifts – Maestro cards and the winner of the contest Souren Martirosyan, a fourth year student of YSU, received a Maestro card and incentive prize of 70.000 AMD.

New investments opportunities from Prometey Bank

2011-03-23T13:08:00.003+04:00

Prometey Bank offers its clients a variety of opportunities for secure and profitable investments.

The clients of the Bank can make their investments in tens of thousands of securities - stocks and bonds, which are listed in the World and Russian leading stock exchanges. The clients of the Bank can invest in the 999.9 purity unallocated gold accounts.

Charter capital of AMD 14.4 bln.

2011-03-12T11:39:00.000+04:00

By the RA Central Bank Chairman decision number 1/204A, 02.03.2011, the changed charter of “Prometey Bank” LLC has been registered. According to it the charter capital of the Bank has increased by AMD 3.6 billion again, reaching 14.4 billion AMD. The structure of the bank participants has the following form: RF resident "Prometey-City" LLC – 49.975%, “ZNGS Prometey” OJSC- 46.125%, RF citizen Vazgen Simoni Gevorkyan- 3.9%.

As a result of accretion the charter capital of Prometey Bank is doubled compared to the beginning of the year, reaching AMD 14.4 billion from AMD 7.2 billion.

Spring gift from Prometey Bank

2011-03-08T10:50:00.000+04:00

Prometey Bank congratulates all ladies with the spring holidays. From March 8 to April 7 all the ladies can visit Prometey Bank and receive their gift – Maestro card.

Cards - present to the members of Facebook group

2011-03-02T10:46:00.000+04:00

Prometey Bank has launched a campaign! Invite your friends to join Prometey Bank’s corporate group on Facebook and get a present:

By adding 100 members - a Maestro,
By adding 200 members - a MasterCard Standard,
By adding 300 members - a MasterCard Gold free plastic card - without any annual service fee.

http://www.facebook.com/home.php#!/home.php?sk=group_193347060676653&ap=1

The charter capital of Prometey Bank will be doubled

2011-02-24T10:52:00.000+04:00

On 24.02.2011 the special general meeting of the participants of "Prometey bank" LLC took place. The meeting has confirmed the updated charter of the Bank, according to which the charter capital of the Bank will be increased with AMD 3.6 billion, reaching 14.4 billion AMD. The structure of the bank participants will have the following form: RF resident "Prometey-City" LLC – 49.975%, “ZNGS Prometey” OJSC- 46.125%, RF citizen Vazgen Simoni Gevorkyan- 3.9%.

It is worth to mention that as a result of accretion the charter capital of Prometey Bank will be doubled compared to the beginning of the year reaching from AMD 7.2 billion to AMD 14.4 billion.

BAADER bank in Prometey Bank

2011-02-24T10:40:00.000+04:00

On February 23, a conference took place in Prometey Bank conference hall with participation of Prometey Bank’s partner BAADER Bank– leading German investment bank.

The executives of the Central Bank of RA, the Union of Banks of Armenia, and almost all Armenian commercial banks were present.

During his introductory speech The Chairman of the Management Board of Prometey Bank Mr. Emil Soghomonyan mentioned: “Due to the partnership between Prometey Bank and BAADER Bank, new horizons and opportunities in securities market have opened to Prometey Bank. Prometey Bank expresses its benevolence and wish to share that experience with Armenian partner banks”.

The representatives of BAADER bank - Mr. Michael Puschmann, Head Fixed Income, and Mr. David Saponjyan, Fixed Income Analyst represented the history and the activity of BAADER bank as well as the ways of future possible cooperation with other Armenian banks.

A lot of issues concerning investment risks in financial markets, volatility/flactuation of yields of government bonds of EU countries and alternatives of investments were discussed during the Q/A.

Mr. Puschmann expressed his gratitude to Prometey Bank for the organization of the conference and added: “I think that this conference is an important step on the way of the intensification of the cooperation with Armenian financial system”.

In addition, the cooperation with BAADER Bank will allow Armenian Banks and their clients to carry out operations with all the securities listed in the leading European stock exchanges.

Prometey Banks is cooperating with BAADER Bank from 2010. The Bank has carried out the first operations with Eurobonds in December, 2010.

“Best business offer” contest from Prometey Bank

2011-02-18T14:54:00.005+04:00

On February 17, 2011, Mr. Emil Soghomonyan, the Chairman of the Board of Prometey Bank, had a meeting with the students of the Faculty of Economics of Erevan State University. Mr. Soghomonyan has introduced information about the options and the prizes of the “Best business offer” contest organized by the Bank, at the same time pointing, that the Bank considers the promotion of the progressing students’ professional development to be its direct responsibility. As a sign of further cooperation, 10 progressing students were given an opportunity to pass an internship in Prometey Bank.

Business loans starting from 12% annually

2011-02-02T17:23:00.002+04:00

Prometey bank offers Business loans starting just from 12% annual interest rate with the redemption period up to 5 years.

For details, please call (562036 or visit the head office and any branch of Prometey bank.

http://www.prometeybank.am/?laid=1&com=module&module=static&id=201

Prometey bank will provide Maestro pension plastic cards free of charge

2011-01-28T14:32:00.005+04:00

Prometey bank and the Ministry of Labor and Social Affairs of RA have signed a contract on the non-cash payment of pensions.

Retirees will use the following services provided by Prometey bank free of any charge:

№	*Type of the service*	*Tariffs*
1.	Opening and maintenance of card account	free
2.	Issue and Provision of cards	free
3.	Getting cash from the card account (in the service centers ofPrometey bank)	free
4.	Card blocking and unblocking (in the case of cardholder request)	free
5.	Restoration of the card in the case of confiscationby ATM(in the service centers ofPrometey bank)	free
6.	Provision of monthly statements about card operations	free
7.	Provision of non-cash payments	free

A gift for the winner of the New Year promotional campaign

2011-01-28T14:26:00.004+04:00

A cardholder of Prometey Bank - Mr. Vardan Sargsyan was recognized as one of the winners of the New Year promotional campaign "A gift for You on Holidays", organized byMaterCard. Hewas given a gift - a photo camera in the head office of Prometey bank on January 26, 2011.
Prometey bank heartly congratulates Mr. VardanSargsyan.

The New year corporate event

2011-01-28T14:17:00.000+04:00

The New Year corporate event of Prometey bank took place on January 14, 2011. A lot of surprises were made, awards and gifts were presented. As a result of a query made among the employees, Mikayel Tonoyan was chosen as the best male employee and Irina Musaelyan - as the best female employee of the year 2010. As a continuation of festive traditions, the management of the bank, made the most original New Year wish - a molbert, canvas and oil-paints, come true.

See: http://prometeybank.am/?laid=1&com=module&module=static&id=203

”Chorrord inqnishkhanutyun” newspaper has published the refutation of Prometey Bank

2011-01-25T17:50:00.000+04:00

In the January 25 newspaper ”Chorrord inqnishkhanutyun” has published the whole text of the refutation of Prometey bank concerning the false and not corresponding with reality information which was published in the January 21 newspaper.

REFUTATION to the information published in the"Chorrord inqnishkhanutyun" newspaper

2011-01-25T17:37:00.002+04:00

Prometey bank has demanded the "Chorrord inqnishkhanutyun" newspaper to refute the false information not corresponding with reality which has been published in the article "Kyalyan has mortgaged the Medical University in Prometey bank-the bank of her husband " of the January 21 newspaper.

Brokerage account in the German BAADER bank

2011-01-20T16:51:00.001+04:00

On December 2010 Prometey bank opened a brokerage account in the leading German investment bank BAADER. This will allow the Bank and its clients to conduct transactions with all the securities listed in the leading European stock exchanges. At the same time, the Bank has already conducted its first transaction with Eurobonds in December 2010.

Soon a new branch in Davitashen

2011-01-20T16:47:00.000+04:00

A new branch of Prometey bank will be opened on the Tigran Petrosyan Avenue in the Davitashen administrative district of Yerevan in the 4-th quarter of 2011.

Prometey bank is situated on Hanrapetutyan Street 44/2. It has branches in the following addresses:

· Kasyan Street 5,

· Azatutyan Avenue 12,

· Yervan Qochar Street 17/1,

· Tigran Mets Aventue 10.