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Armenian banks spent 5.8 billion drams on advertising and representative expenses in 2018

01.03.2019 18:47

Armenian banks spent 5.8 billion drams on advertising and representative expenses in 2018

YEREVAN, March 1. /ARKA/. Armenia-based 17 commercial banks spent a total of 5.8 billion drams on advertising and representative expenses in 2018, by 24.15% more than in 2017, according to ARKA news agency’s ranking of the top 10 advertiser banks.

The leading bank by size of these expenses was Armeconombank, which spent 717.5 million drams, by 4% more than in 2017. Ameriabank was second with 702.5 million drams (an increase of 1.57%).

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Advertising and representation expenses of Armenian banks last year drop by 14.1%

17.03.2010 14:18

The amount of advertising and representation expenses of Armenian commercial banks last year dropped by 14.1% from a year before to almost 2.5 billion Drams.

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Tags: Advertising, Armenia, Banks

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