All news related to BANKING SECTOR

IDBank head: we do not see significant risks for Armenia's banking sector in 2019

29.01.2019 17:34

IDBank head: we do not see  significant risks for Armenia's banking sector in 2019

YEREVAN, January 29. /ARKA/. In an exclusive interview with ARKA news agency, Mher Abrahamyan, the Chairman of IDBank Management Board, speaks about the risks Armenian banks are likely to face in 2019, provides his outlook for the banking sector growth and the refinancing rate, and shares also his vision of changes IDBank is set to introduce this year.

ARKA - Mr. Abrahamyan, you were appointed to head the IDBank last December. What was the state of the bank when you took over its steer and what are the basic indicators the bank closed last year with?

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Black Sea Trade and Development Bank president praises Armenia’s banking sector

22.11.2018 18:05

Black Sea Trade and Development Bank president praises Armenia’s banking sector

In an exclusive interview with ARKA news agency, Dmitry Pankin, President of the Black Sea Trade and Development Bank (BSTDB), said Armenia’s banking sector is in good condition, and in many respects it should be credited to the Central Bank of the country

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EDB chairman praises Armenia’s banking sector

07.09.2018 09:15

EDB chairman praises Armenia’s banking sector

The banking system of Armenia is in excellent condition, Eurasian Development Bank (EDB) board chairman Andrei Belyaninov said at a Eurasian Media Congress in Almaty, Kazakhstan, on Thursday

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WB and IMF experts to assess Armenian banking sector’s stability

24.05.2018 13:19

WB and IMF experts to assess Armenian banking sector’s stability

The World Bank and the International Monetary Fund experts are conducting an assessment of the Armenian banking system’s financial stability, Arthur Javadyan, the central bank chairman, said Wednesday in the National Assembly

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Armenia’s banking sector passes test to destruction with flying colors

21.05.2018 14:34

Armenia’s banking sector passes test to destruction with flying colors

Armenia’s banking sector has passed the test to destruction with flying colors and has proven to be stable, Ashot Osipyan, chairman of Araratbank’s board, said Friday at the discussion organized by the Club of Economic Journalists

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Armenia’s banking sector reports growth in 2017

22.01.2018 16:29

Armenia’s banking sector reports growth in 2017

Armenia’s banking sector reported a growth in all major financial indicators last year. According to their official statements, their combined assets totaled 4.362 trillion drams, having grown by 6.67% from the previous year

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Major task for Armenia’s banking sector is to intellectualize and modernize its products, Ardshinbank board chairman says

31.10.2017 17:10

Major task for Armenia’s banking sector is to intellectualize and modernize its products, Ardshinbank board chairman says

A major task for Armenia’s banking sector today is to intellectualize and modernize its products, Ardshinbank Board Chairman Mher Grigoryan stated in an exclusive interview to ARKA news agency

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Expert says Armenia’s banking sector still vulnerable to hacker attacks

29.05.2017 18:09

Expert says Armenia’s banking sector still vulnerable to hacker attacks

Armenia’s banking sector is very vulnerable to hacker attacks, Armen Karapetyan, representative of Kaspersky Lab in Armenia and Georgia, told reporters on Monday

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Net profit of Armenia’s banking sector amounts to AMD 10.87 billion in 1st Q 2017

21.04.2017 12:08

Net profit of Armenia’s banking sector amounts to AMD 10.87 billion in 1st Q 2017

The net profit of Armenia’s banking sector amounted to AMD 10.87 billion in the first quarter of 2017 against AMD 6 billion in the first quarter of the previous year – 80.68 percent year-on-year growth

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Armenian banking sector enters 2017 in better shape –Fitch Ratings

20.04.2017 18:08

Armenian banking sector enters 2017 in better shape –Fitch Ratings

The Armenian banking sector has entered 2017 in better shape as the recapitalization required to meet the increased minimum capital standard from 2017 has been completed

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