Armenian banks spend average of $8,000 on development of their official websites

YEREVAN, December 3, /ARKA/. Armenian banks spend an average of $8000 on development of their official websites, according to a study conducted by Arcaler Scorecard company by CY-PR. com methodology.

It has examined 23 websites of Armenian banks to have found out that 4 websites’ cost was more than $8,000, 16 –more than $7,000, three websites’ cost was below $2,000. The first three banks, by the cost of their websites, were Ardshininvestbank – $29,425,

HSBC Bank Armenia -$29,353, Conversebank $9,615.

The list of top ten websites comprised also Bank Anelik -$8,943, Bank VTB Armenia- $8,943, Ameriabank – $7,00, Inecobank -$7,800, Areximbank Gazprombank Group – $7,755, ACBA Credit Agricole Bank -$7,743, Araratbank – $7,623. The total cost of all 23 websites was $201,438. For comparison, Russian Gazprombank spent $168,633 on development of its official website and the Comerica Bank of the USA – $117,093. CY-PR.com methodology is a system of complex analysis of domains and websites by various parameters.  -0-

spot_img

POPULAR

Armenia’s public debt-to-GDP ratio in 2025 was 47.3% – Finance Ministry

The public debt-to-GDP ratio by the end of 2025 is 47.3%, below the target of 50%, stated Armenian Finance Minister Vahe Hovhannisyan.

Armenia and IMF discuss a new standby arrangement

Armenian Deputy Prime Minister Mher Grigoryan and International Monetary Fund (IMF) Deputy Managing Director Marnix von Rey noted the importance of approving a new standby arrangement with the IMF and its full implementation.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 16-22)

The past week in Armenia's financial market saw little change, with monetary policy parameters maintained, updated banking data published, and external and fiscal risks clarified.

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img