YEREVAN, November 8. /ARKA/. In the first nine months of 2017 expenses of 17 Armenia-based commercial banks on advertisement and representation increased by 11% from the year before to 2.8 billion drams, ARKA news agency has found out after analyzing the banks’ financial reports.

The leading five banks by size of expenses on advertisement and representation were Armeconombank, Ameriabank, Ardshinbank, ACBA-CREDIT AGRICOLE BANK and Conversebank.

Armeconombank’s expenses more than doubled from the year before to 545.1 million drams. Ameriabank’s expenses grew by 8.7% to 479 million drams. Ardshinbank’s expenses surged by 21.2% to 354 million drams, ACBA-CREDIT AGRICOLE BANK’s expenses declined by 7.9% to 343.5 million drams and those of Conversebank fell by 30.7% to 226 million drams.

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Armenian banks’ expense son advertisement and representation grew by 11% to 2.8 billion drams

Tags: ADVERTISEMENT, Armenia, Banks, REPRESENTATION

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In the second quarter of 2016 expenses of 20 Armenia-based commercial banks’ on advertisement and representation increased by 1.4% from the year before to 1 695.3 billion drams, ARKA news agency has found out after analyzing the banks’ financial reports

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Tags: ADVERTISEMENT, Armenia, Banks, REPRESENTATION

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Russian Rosselxozbank plans to open representation office in Armenia.

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Tags: Armenia, REPRESENTATION, Rosselxozbank

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Armenian energy and natural resources minister Armen Movsisyan and Igor Finogenov, board chairman of the Eurasian Development Bank (EDB), have signed today in Yerevan an agreement on the opening of the bank’s representation in Armenia.

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Tags: Armenia, EDB, REPRESENTATION

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Eurasian development bank to open representation in Armenia within this year

Categories: Banks @en, General news, News, News of the hour | Comments Off on EDB to open representation in Armenia within this year

Tags: Armenia, EDB, REPRESENTATION

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