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Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

27.05.2020 15:29

Union of Banks of Armenia: Biggest risk in country’s banking sector is uncertainty amid COVID-19

YEREVAN, May 27. /ARKA/. The biggest risk in the banking system of Armenia and beyond it today is the uncertainty due to the new coronavirus, Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA) told reporters at an online press conference on Tuesday.

In his words, the biggest risk today is uncertainty, because the duration of the economic slowdown is not known as well as impacts of these processes. It is also not known what the consequences will be for customers, he said.

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Consolidated Supervision And Risk Assessment Very Important For Financial Stability: Central Bank

05.09.2011 22:01

Consolidated Supervision And Risk Assessment Very Important For Financial Stability: Central Bank

Consolidated supervision and financial sector risk assessment is very important for ensuring financial stability in Armenia and creation of a potential for withstanding new financial crises

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Ameriabank Introduces Environmental and Social Risks Management System

17.09.2010 10:41

Ameriabank Introduces Environmental and Social Risks Management System

Armenian Ameriabank said today it has completed the process of introducing a system designed to manage environmental and social risks.

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