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Daily Archives: Feb 21, 2012

Net inflow of Armenian banks’ funds totals AMD 119.1 billion in 2011

Net inflow of financial resources in Armenian banks totaled about AMD 119.1 billion in 2011.

Risk management prioritized in Armenian banking system: UBA chairman

The risk management appears as a priority for the Armenian banking system for the nearest future, the Union of banks of Armenia (UBA) chairman, Ashot Osipyan, said on Tuesday.

Diners Club International to enter Armenian market in 2 months: UBA chairman

Diners Club International, one of the world’s leading payment systems, will enter the Armenian market within the next two months

ArCa payment system used in 2011 to make 446.6 million drams worth transactions

ArCa payment system used in 2011 to make 446.6 million drams worth transactions

Average rate on AMD loans increase by 0.7% to 17.6%

Average rate on AMD loans increase by 0.7% to 17.6%

Individual borrowers accounted for 31% in overall outstanding loan portfolio of Armenian banks

Individual borrowers accounted for 31% in overall outstanding loan portfolio of Armenian banks.