Banks
2019-04-18 17:33:20 Armenia-based banks’ net profit drops by 45 percent in first quarter of 2019
Armenia-based banks’ net profit drops by 45 percent in  first quarter of 2019The net profit of 17 Armenia-based commercial banks in the first quarter of 2019 dropped by 45.2% to 16 billion drams from 29.3 billion drams in the first quarter of 2018, according to the banks’ statements
2019-04-17 16:03:10 Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says
Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA saysThe total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams
2019-04-16 18:23:45 Fitch Ratings: CIS banking risks remain despite authorities' actions
Fitch Ratings: CIS banking risks remain despite authorities' actionsFitch Ratings says key risks have materialized in different CIS banking markets and, in some cases, remain sources of vulnerability
2019-04-15 18:52:23 ACBA-CREDIT AGRICOLE BANK recognized as winner in the category "The Best HR-Digital Project of the Year in the CIS”
ACBA-CREDIT AGRICOLE BANK recognized as winner in the category The ACBA-CREDIT AGRICOLE BANK was recognized as the winner in the category "The Best HR-Digital Project of the Year in the CIS» of a competition that was part of the conference on human resources "HR-TECH 2019"
2019-04-10 09:14:50 Digital transformation in Armenia did not result in banks’ personnel cuts
Digital transformation in Armenia did not result in banks’ personnel cuts

YEREVAN, April 9. /ARKA/. Digital transformation has not resulted in staff cuts in Armenia’s banking sector, the executive director of the Union of Banks of Armenia Seyran Sargsyan told reporters before the start of a seminar on digital transformation and monetization of data in the banking sector, which was a joint initiative of the Union […]

2019-04-05 20:57:20 WB: some 48% of adult population of Armenia had bank accounts in 2018
WB: some 48% of adult population of Armenia had bank accounts in 2018

YEREVAN, April 5. /ARKA /. Economic growth in the Europe and Central Asia region slowed to 3.1% in 2018, and is projected to decline to 2.1% in 2019, amid slowing global growth and uncertain prospects, according to the World Bank’s Economic Update for Europe and Central Asia, released today. Growth in countries across the region […]