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Araratbank CEO: digital banking will be the main trend in 2017

28.02.2017 18:25

Araratbank CEO: digital banking will be the main trend in 2017

YEREVAN, February 28. /ARKA/. In 2017 Armenian banks will be focusing on the introduction of digital-technology, according to Araratbank CEO Ashot Osipyan.

"The banking system will be introducing new technology, and lending will be raised to a higher level. We expected also intensification in the field of energy-saving projects, however, the digital technology will be the main trend throughout 2017," he said in an interview to ARKA news agency.

Osipyan said the competition between local banks will toughen more this year and in order to secure a higher return, they will have to step up their actions in the digital space. This, in turn, will allow the banks to more effectively communicate with their clients.

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