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  • Archive for August 10th, 2020

    Non-performing loans in Armenian banks make 4.67 percent

    Monday, August 10th, 2020

    In June, non-performing loans of Armenian commercial banks stood at 4.67% of the total, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

    Thirteen Armenian banks are in the list of 100 largest corporate taxpayers

    Monday, August 10th, 2020

    Thirteen Armenia-based commercial banks were in the list of 100 largest corporate taxpayers in the first half of 2020, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

    The number of non-cash transactions in first half of 2020 exceed cash ones

    Monday, August 10th, 2020

    The number of transactions made in Armenia in the first half of 2020 by using banking cards grew by 22.8% compared to the first half of 2019, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

    Armenian banks' total capital grows by 5.6% in first half of 2020

    Monday, August 10th, 2020

    The total capital of 17 commercial banks operating in Armenia grew by 5.6% in the first half of 2020 or 47 billion drams to 891 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Monday

    Unibank opens “Sisian” branch

    Monday, August 10th, 2020

    Unibank said today it has opened a new, 52nd branch in the town of Sisian, in Syunik province. The newly opened branch is located at 39/62-1 Israyelyan Street, Sisian. Artur Sargsyan, Head of the Sisian community, and Mesrop Hakobyan, CEO of Unibank, attended the opening ceremony

    Some 80.8 billion drams of government bonds traded at AMX in July

    Monday, August 10th, 2020

    The Armenian Securities Exchange (AMX) said the trade value of the Armenian government bonds traded in the primary market in 2020 July has grown by 46% from the same month in 2019 to 80.8 billion drams