All news related to Union of Banks of Armenia

Gevorg Machanyan elected head of Board of Union of Banks of Armenia

11.10.2021 16:47

Gevorg Machanyan elected head of Board of Union of Banks of Armenia

YEREVAN, October 11. /ARKA/. Gevorg Machanyan, Chairman of the Board of Directors and Executive Director of Armswissbank CJSC was elected as new head of the Board of the Union of Banks of Armenia (UBA).

According to the Central Bank of Armenia, Machanyan is replacing Artak Ananyan, the Chairman of the Executive Board of Ardshinbank CJSC, who chaired the Union in 2020-2021.

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Mher Abrahamyan elected head of Union of Banks of Armenia

04.10.2019 18:37

Mher Abrahamyan elected head of Union of Banks of Armenia

Mher Abrahamyan, Board Chairman of IDBank CJSC, was elected as new head of the Union of Banks of Armenia

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Union of Banks of Armenia congratulates banking sector employees professional holiday

22.11.2017 17:56

Union of Banks of Armenia congratulates banking sector employees professional holiday

The Union of Banks of Armenia congratulated today the country’s banking sector’s employees on their professional holiday wishing them health, prosperity and fruitful activity

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Union of Banks of Armenia and Export Insurance Agency sign memorandum on cooperation

13.06.2016 12:38

Union of Banks of Armenia and Export Insurance Agency sign memorandum on cooperation

The Union of Banks of Armenia (UBA) and the Export Insurance Agency (EIA) of Armenia signed last Friday a memorandum on cooperation. The document was signed by Samvel Chzmachyan, the head of UBA and Vazgen Abgaryan, the head of EIA

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Mortgage lending in 2014 surges by 20% - Union of Banks of Armenia

17.03.2015 20:48

Mortgage lending in 2014 surges by 20% - Union of Banks of Armenia

The overall mortgage lending in Armenia in 2014 saw a 20% rise from the previous year to 172.4 billion drams, according to Samvel Chzmachyan, the chairman of the Union of Banks of Armenia

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No Armenian bank will be shut down in next 2-3 years, Union of Banks of Armenia

05.06.2014 18:02

No Armenian bank will be shut down in next 2-3 years, Union of Banks of Armenia

No Armenian bank will shut down in the next 2-3 years, Samvel Chzmachyan, chairman of the Union of Banks of Armenia, said today. He said the banks’ liquidity level is quite high and although many of them have some problems because of bad loans that will not lead to their closure

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