YEREVAN, November 5. /ARKA/. The capital of all 17 Armenia-based banks in the third quarter of 2021 stood at 927 billion drams, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said.

“This is quite an impressive figure that helps banks withstand stressful situations,” he said at a press conference on Friday.

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There is no outflow of funds from Armenian banks, and the total bank deposits have grown over 3.5 trillion drams, despite a difficult year and certain fluctuations, Executive Director of the Union of Banks of Armenia Seyran Sargsyan told reporters on Wednesday during a video conference organized by the Club of Economic Journalists

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‘Now it is more than necessary to support the heroes of the Karabakh war and their families,’ the Union of Banks of Armenia said in a statement today issued in connection with the Day of the Banker, celebrated on November 23

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Maintaining Armenian banking sector’s stability is very important amid ongoing coronavirus crisis, said Seyran Sargsyan, the executive director of the Union of Banks of Armenia (UBA), which has become 25 years old

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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

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The Union of Banks of Armenia, in its statement released on Monday, urges everybody to refrain from speculation about the country’s banking system amid the spread of the coronavirus COVID-19

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The total amount of non-cash transactions made in Armenia through banks is still low, despite the widespread use of modern technologies

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Artak Anesyan, CEO of Ameriabank, has been elected as new chairman of the Union of Banks of Armenia (UBA), UBA said

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Ex-head of the Union of Banks of Armenia Ararat Ghukasyan became a member of Unibank Board, the bank’s website reported

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