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Fitch confirms ratings of four major Italian banks

YEREVAN, January 30. /ARKA/. Fitch has confirmed the issuer default ratings of major players in the Italian banking market – Intesa Sanpaolo, UniCredit, Unione di Banche Italiane и Banco Popolare, according to the press release of the agency as quoted by Prime.

Credit organizations confirmed their long-term BBB and short-term F3 ratings. Outlook for most banks is negative, apart from Bank Popolare for which outlook is stable.  –0–

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

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.

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