ARKA News Agency releases press rating of Armenia’s banks for 2013

YEREVAN, February 18. /ARKA/. ARKA News Agency has released a recurrent press rating of Armenian banks for 2013, topped by the following banks: 1. Ameriabank 2. ACBA-CREDIT AGRICOLE BANK, 3. Araratbank, 4. Bank VTB (Armenia) and 5. Bank Anelik.

The press rating covers only 17 out of 21 Armenia-based commercial banks.

Volume of information about banks decreased by 65% in 2013 compared to 2012, with overall total index (OTI) having dropped to 4,655.49 against 13,272.96 in 2012.

In 2013, the OTI of the top five banks reached 3,529.9 versus 8,298.2 in 2012. These top five banks accounted for 76% of the overall information during the year.

Ameriabank has maintained its leadership position in the press rating and accounted for 34.7% of all press reports. Its OTI was 1,617.2 in 2013 against 2,040.6 in 2012.

ACBA-CREDIT AGRICOLE BANK is the second with its share in reports at 11.8%. The bank’s OTI was 548.6 in the period compared to 1,248.9 in 2012.

Araratbank is the third with 11.1% in press reports and OTI at 517.7 against 1,491.6 in 2012, followed by Bank VTB (Armenia) (share at 9.5%, OTI at 441.6 vs. 2,001.9 in 2012) and Bank Anelik (8.7% and 404.9 against 1,242.9 in 2012).

This press rating is based on the facts about banks’ performance reported by media. This means the higher actual awareness of bank’s performance is, the more efficient its communications policies are. No advertising information is considered in the press rating.

Please see the Press Rating of Banks #04 (16), Q4 2013 for more details.  –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: 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 April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

Armenia and Georgia aim for instant payments and unified QR codes: new steps in fintech integration

Armenia and Georgia are exploring deeper cooperation in financial technology, including synchronizing instant payment systems, simplifying bank account opening, and implementing unified QR codes, announced by Varlam Ebanoidze, Head of the Financial and Supervisory Technologies Development Department at the National Bank of Georgia.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

LATEST NEWS

spot_imgspot_imgspot_img