
The Board of the Central Bank of Armenia has registered the amendments made to the agreements concluded between Amundi-ACBA-Asset Management and the Central Depository of Armenia.
According to the CBA press service, the CB Board has registered a new edition of Amundi-ACBA-Asset Management pension fund rules with three investment models. The first one is the retirement fund with stable income, the second is the conservative pension fund, and the third is the balanced pension fund.
It should be noted that within the mandatory funded pension system in Armenia there are pension funds - "Amundi-ACBA-Asset Management" CJSC (November 19, 2013) and " C-QUADRAT Ampega Asset Management Armenia" (November 29, 2013) ): Shareholders of Amundi-ACBA-Asset Management are: French company - 51% and ACBA-Credit Agricole Bank - 49%. The C-QUADRAT Investment AG (74.9%) and German Talanx Asset Management GmbH (25.1%) are the shareholders of CG-Ampegas Asset Management Armenia. Pension account operators are Haypost Araratbank, Ardshinbank, Armbusinessbank, HSBC Bank Armenia, Inecobank, VTB Bank Armenia and Converse Bank.
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