All news related to UBA

UBA president finds it necessary to reform justice system to improve investment environment in Armenia

22.10.2019 15:28

UBA president finds it necessary to reform justice system to improve investment environment in Armenia

YEREVAN, October 21. /ARKA/. President of the Union of Banks of Armenia (UBA) Mher Abrahamyan finds correction of a number of faults an important step on the way of improvement of investment environment in the country and protection of interests of domestic and foreign investors. He is quoted by the union's press office as saying in an interview that the mission of the Central Bank of Armenia in very important in the process of rooting out these problems.

Being a mediator between banks and the governing agencies, he said, the central bank has ensured a stable, sustainable and resistant to fluctuations banking system, which is a good basis for attraction of investors.

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UBA head speaks about legislative changes relating to bank secrecy

22.10.2019 15:27

UBA head speaks about legislative changes relating to bank secrecy

President of the Union of Banks of Armenia (UBA) Mher Abrahamyan said in an interview to whom the amendment to the law on bank secrecy will not apply, the press office of the union reports

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Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

17.04.2019 16:03

Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

The total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams

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Samvel Chzmachyan leaves office after eight years of UBA chairmanship

26.09.2017 11:41

Samvel Chzmachyan leaves office after eight years of UBA chairmanship

Samvel Chzmachyan, a banker with a 44-year work experience, has left office after eight years of chairmanship in the Union of Banks of Armenia (UBA), Golos Armenii reported on Tuesday

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Union of Banks of Armenia provides computers and printers worth 21 mln drams to border villages

28.10.2014 15:29

Union of Banks of Armenia provides computers and printers worth 21 mln drams to border villages

The Union of Banks of Armenia has provided computers and printers worth a total of 21 million drams to schools in border villages, the head of the union Samvel Chzmachyan told reporters on Monday

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Anelik Bank CEO resigns to take over as president of UBA

02.09.2013 19:20

Anelik Bank CEO resigns to take over as president of UBA

Armenian Anelik Bank CEO Samvel Chzmachyan has resigned and will work only as president of the Union of Banks of Armenia (UBA)

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Diners Club International to enter Armenian market in 2 months: UBA chairman

21.02.2012 16:33

Diners Club International to enter Armenian market in 2 months: UBA chairman

Diners Club International, one of the world’s leading payment systems, will enter the Armenian market within the next two months

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