Armenia drams gains by one point against USD

Unibank has introduced the option of remotely applying for Arca Classic payroll cards free of charge.

Unibank has announced the launch of biometric identification in its UNIMobile mobile application.

Acba Bank and EFES Insurance Company have introduced a unique service in Armenia – account insurance, which compensates for the loss of funds from clients' cards or accounts due to cyber fraud, the bank's press service reported.

The Parliamentary Committee on Financial, Credit, and Budgetary Affairs of Armenia yesterday approved the draft new law "On Bank Restructuring," which had been discussed in the first reading, along with several related laws.

Last week's agenda included issues of credit institution sustainability, public debt structure, capital market development, and digital financial services. Special attention was paid to SME access to bank financing, Open Banking, and insurance technologies.