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Unibank to showcase private banking at Skyservice 2019 in Moscow

23.04.2019 18:01

Unibank to showcase private banking at Skyservice 2019 in Moscow

Unibank will showcase the Private Banking at the IV International Forum SKYSERVICE 2019, scheduled to take place on April 24-25 in Moscow, the press service of the bank reported

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Citizens' financial literacy should be enhanced, Pashinyan says

22.04.2019 18:11

Citizens' financial literacy should be enhanced, Pashinyan says

Armenian citizens’ financial literacy should be enhanced, Prime Minister Nikol Pashinyan said last Friday during a live broadcast on his Facebook page. Pashinyan’s remarks came in response to a user’s complaint about the “predatory” credit terms

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Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

22.04.2019 18:09

Central bank chairman off to Germany to discuss creation of KfW lab in Armenia

The chairman of the Central Bank of Armenia Artur Javadyan has left for Germany’s Frankfurt to participate in a meeting of the supervisory board of the German-Armenian Foundation that oversees projects, implemented in Armenia with the financial support of German KfW Bank

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Arka releases ranking of top ten banks by size of loan portfolio

19.04.2019 22:54

Arka releases ranking of top ten banks by size of loan portfolio

The combined loan portfolio of Armenia-based 17 commercial banks in the first quarter of 2019 amounted to 3,126.7 trillion drams

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Unibank says its USD-denominated bonds offer guaranteed income of 5 percent

19.04.2019 17:00

Unibank says its USD-denominated bonds offer guaranteed income of 5 percent

The Yerevan-based Unibank said today its USD-denominated bonds can be acquired in any of its 47 branches or in its head office

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Armenia-based banks’ net profit drops by 20 percent in first quarter of 2019

18.04.2019 17:33

Armenia-based banks’ net profit drops by 20 percent in  first quarter of 2019

The 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

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Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

17.04.2019 16:03

Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

The 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

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Fitch Ratings: CIS banking risks remain despite authorities' actions

16.04.2019 18:23

Fitch Ratings: CIS banking risks remain despite authorities' actions

Fitch Ratings says key risks have materialized in different CIS banking markets and, in some cases, remain sources of vulnerability

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ACBA-CREDIT AGRICOLE BANK recognized as winner in the category "The Best HR-Digital Project of the Year in the CIS”

15.04.2019 18:52

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”

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SRC: All organizations providing financial services should be under Central Bank of Armenia control

05.04.2019 09:48

SRC: All organizations providing financial services should be under Central Bank of Armenia control

YEREVAN, April 4. /ARKA/. All organizations providing financial services should be under the control of the Central Bank of Armenia, David Ananyan, the head of the State Revenue Committee (SRC), told journalists on Wednesday. According to the government-proposed changes, the annual duty on running a pawnshop is to increase from the current 100 thousand drams […]

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