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

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

Ranking of Armenia’s Largest Credit Institutions by Asset Volume in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total assets for the first quarter of 2026.

LATEST NEWS

spot_imgspot_imgspot_img