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.

Categories: 121, 144, Economy @en, General news, News, News of the hour | Comments Off on UBA president finds it necessary to reform justice system to improve investment environment in Armenia

Tags: Armenia, investment environment, reform, UBA

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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

Categories: 121, Banks @en, General news, News, News of the hour | Comments Off on UBA head speaks about legislative changes relating to bank secrecy

Tags: Armenia, bank secrecy, UBA

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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

Categories: Banks @en, General news, News, News of the hour | Comments Off on Amount of non-cash transactions made in Armenia by using plastic cards in 2018 soared by 47.2%, UBA says

Tags: amount, Armenia, NON-CASH, PLASTIC CARDS, transactions, UBA

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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

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Samvel Chzmachyan leaves office after eight years of UBA chairmanship

Tags: Armenia, chairmanship, Samvel Chzmachyan, UBA

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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

Categories: Banks @en, General news, News, News of the hour | Comments Off on Union of Banks of Armenia provides computers and printers worth 21 mln drams to border villages

Tags: computers, printers, schools, UBA

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

Categories: Banks @en, General news, News, News of the hour | Comments Off on Anelik Bank CEO resigns to take over as president of UBA

Tags: Bank Anelik, Samvel Chzmachyan, UBA

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

Categories: Economy @en, General news, News, News of the hour | Comments Off on Diners Club International to enter Armenian market in 2 months: UBA chairman

Tags: Diners Club International, Osipyan, UBA

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