Thu, 18 September
22.1 C
Yerevan
USD: 382.94 RUB: 4.61 EUR: 453.25 GEL: 141.01 GBP: 522.45

ACBA -CREDIT AGRICOLE BANK and VTB Bank (Armenia) named as best bank partners of office of financial ombudswoman

YEREVAN, January 30. / ARKA /. Armenia’s financial ombudswoman, Piruz Sargsyan, said today  ACBA -CREDIT AGRICOLE BANK  and VTB Bank (Armenia)  were the agency’s best bank partners last year.

Speaking at a news conference she said ROSGOSSTRAKH -ARMENIA and Nairi Insurance were its best insurance company partners.

She said a variety of criteria were used to choose the agency’s best partner organizations. Those criteria include the quality of cooperation with organizations in addressing complaints, the proportion of decisions reached through reconciliation and other indicators.

“We also have the right to publish the names of the worst organizations, however, even the worst ones cooperate with us and the bulk of problems are caused mainly by technical issues,” she said.

Armenia was the first former Soviet republic to establish the Office of Financial Ombudsman in 2009. It is aimed at protecting the rights and interests of bank customers by offering prompt, effective and free review of their complaints. Another mission is to increase public confidence in the financial system. -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img