Banking sector of Armenia legalized its Microsoft software fully

YEREVAN, March 29. /ARKA/. Banking sector of Armenia legalized its Microsoft software fully, said the expert of international organization BSA (Business software alliance), representative of the company Microsoft on the rights and legal interests Narine Mkrtchyan in the press-conference in international press-center “Novosti” on Tuesday.

It is the result of regular work and introduction of all advantages of using licensed software. Pirate product does not provide necessary level of work productivity and security which is especially important for such organizations.

Similar activities on the introduction of licensed software are conducted also with Armenian insurance and credit organizations.

“We target at the private sector using softer approaches for non-commercial organizations but the Government of Armenia should also be more conscientious as today government structures are the main consumers of pirate products”, said Mkrtchyan.

At present only the Justice Ministry and the Ministry of Education and Science use legal software which got licensed programs of Microsoft in the frames of different programs.

Now business representatives of are more conscientious in buying licensed product. 70 of 100 representatives of private sector try to get licensed software.

“By signing of agreement with corporation Microsoft in 2007 the government assumed certain responsibilities, including the introduction of licensed software whichare not applied”, said Mkrtchyan.

The cost of licensed software of corporatioin Microsoft starts from 24 thousand drams for Windows Starter in Armenia.

Corporation Microsoft cooperates with Armenia in the frames of the agreement signed on January 30, 2007 in Edinburgh (Scotland). According to the agreement, Microsoft is implementing a number of investment, educational and innovation programs in Armenia, including the opening of Innovation Center of Microsoft.. –0–

spot_img

POPULAR

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Market capitalization increased by 7.43% in June, exceeding AMD 492 billion – Armenia Securities Exchange

Equity market capitalization in June 2026 exceeded AMD 492.7 billion, an increase of 7.43%, the press service of the Armenia Securities Exchange (AMX) reported.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: 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 July 10, 2026, increased by 0.26 points to 367.38 drams.

Converse Bank Completes the Placement of EBRD Bonds

Converse Bank acted as the EBRD's key partner throughout the transaction, arranging the bond issuance and the guaranteed placement of the bonds

LATEST NEWS

spot_imgspot_imgspot_img