“Areximbank - Gazprombank Group" CJSC has been established in 1998 to support the business and manage financial flows between Russia and Armenia. Since 2007 the shareholder of the Bank is one of the largest Russian banks - "Gazprombank" (Joint - stock Company), whose penetration into the Armenian financial market is conditioned by the increase of investments of Russian companies into the Armenian economy, the needs of large corporate clients in complex banking services, as well as the necessity in funding "Gazprom" projects in the country’s territory.