July 22, 2010 - 16:36 AMT
Ameria Invest CJSC to be ready to support servicing of pension funds by 2011

CEO of Ameriabank Artak Anesyan said that America Invest CJSC will be restructured into an investment company to deal with management of pension assets.

“Currently, the company does not deal with management of assets, but it will be restructured to deal with management of pension and other funds,” Anesyan told a press conference in Yerevan.

He added that last year Ameriabank developed a scheme close to pension funds, which is being tested now. “I strongly believe that we will be ready to deal with management of pension and other funds by the time when a benevolent funded pension scheme starts operating,” concluded Anesyan.