Yerevan, October 11 /Mediamax/. ““Ardshininvestbank” plans in the course of time to become an open joint stock company”, Chairman of the Board of the bank Aram Andreasian stated in Yerevan today.

“This is a quite long and complex process, that is why we plan to transform into an OJSC in the course of the nearest 3 years”, Aram Andreasian stated, answering the question of Mediamax.

He noted that the volume of primary emission will make 3bln drams.

The assets of “Ardshininvestbank” for 2007 increased for 34.5%, and by the end of the year will make about 93bln drams.

The net profit of the bank for 2007 doubled and will make 4200mln drams, “which is an unprecedented index for the banking sector of Armenia”, Aram Andreasian stated.