Thu, 31 July
27.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Byblos Bank Armenia committed to improve the quality of its services

YEREVAN, January 26. / ARKA /. Byblos Bank Armenia emphasized today in a press release the assessment it received from the Office of the Financial Ombudsman.

On Monday the Financial Ombudsperson Piruz Sarkisian revealed the names of five best financial organizations operating in the country which she said cooperated very productively with the Office of Financial Ombudsperson. They are VTB Bank (Armenia) , HSBC Bank Armenia, Byblos Bank Armenia , as well as Ingo Insurance and Rosgosstrakh insurance companies.

Highly appreciating the role of the Office of Financial Ombudsman in the Armenian financial market, Byblos Bank Armenia congratulated it with a two-year anniversary saying it stood ready for an open and effective cooperation for the benefit of the banking system of Armenia.

The press release said also the bank’s long-term strategy is aimed at providing stable banking services for the Armenian market.
Lebanon’s Byblos Bank SAL acquired in 2007 a 65% stake in International Trade Bank (later renamed Byblos Bank Armenia). The remaining shareholders are EBRD (25%) and the OPEC International Development Fund (10%). -0-

spot_img

POPULAR

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

LATEST NEWS

spot_imgspot_imgspot_img