ACBA-Credit Agricole Bank provided with ArmenTel’s integrated telecommunication services

YEREVAN, March 2. /ARKA/. ArmenTel CJSC (trading as Beeline) has provided ACBA-Credit Agricole Bank, one of the largest banks of Armenia, with integrated telecommunication services, according to ArmenTel’s press release. This telecommunication operator is now providing fixed and mobile telecommunication services as well as data transfer networks to the bank.

“Under the contract, digital telecommunication channels have been given to the bank as well as VPN virtual private network enabling branches to exchange data in local network regime,” the press release says.

Besides, clients are now able to use settings and call limits independently via web interface.

Armen Melkumyan, chief of ACBA-Credit Agricole Bank’s IT development unit, said cooperation with ArmenTel “made it possible to expand communication among our branches and to reach a new level”.

“This project has lessened the bank’s communication expenses and enhanced effectiveness of communication inside the company,” he said.

Igor Klimko, director general of ArmenTel, said that the company has a rich experience of provision of integrated solutions to corporate clients. -0-

spot_img

POPULAR

Head of the Central Bank of Armenia sees no reason to panic over the depreciation of the dram

In the current situation in Armenia, there is no reason to panic over the depreciation of the dram, says Martin Galstyan, head of the Central Bank of Armenia.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Euro and dollar exchange rates against the Armenian dram have increased again, while the ruble has weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 2, 2026, increased by 0.18 points compared to June 1, reaching 368.53 drams.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img