Fri, 16 January
-5.9 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

Unibank opens new branch in Yerevan

YEREVAN, June 17. /ARKA/. Unibank has opened today another branch in the Armenian capital city of Yerevan in Kanaker-Zeytun administrative district. Located at 51/9 on Paruyr Sevak Street the new branch also called ‘Paruyr Sevak’ is designed for individual customers only to make the service process as easy and fast as possible.

The new branch will offer the so-called “one window” services for opening a deposit, applying for consumer loans and credit cards. Other services include money transfers and other transactions which are handled by one employee.

The branch also has round the clock payment terminal and an ATM. The terminal can be used to top-up accounts, repay loans or pay utility bills.

Speaking at the opening ceremony Unibank Board Chairman Vardan Atayan said the bank has always paid great attention to the expansion and improvement of its branch network, especially in the context of availability of services and improved quality. According to Atayan, in the first quarter of 2016 the number of retail loans provided by Unibank has almost tripled.

Mr. Atayan said Unibank plans to open 20 more branches. Currently the bank runs 46 branches and 54 promo points. The bank is constantly expanding the range of services, offering a variety of investment instruments, it said in a press release.

In late May Unibank announcement the placement of 12.2 million ordinary shares worth 2.8 billion drams (third issue) through an SPO at NASDAQ OMX Armenia stock exchange. The face value of a share is 100 drams; the placement price is 230 drams. The least package of shares available for buying is worth one million drams. The placement is to be handled by Armenbrok firm.

“Buy Unibank’s shares for long-term investment, become a shareholder and take the opportunity to earn additional income. We are determined to advance Unibank as a public bank, attracting investors to the bank management and thus making it more efficient and transparent,” said Mr. Atayan.

Unibank said also its shareholders are offered ‘the loyalty package’, which includes up to 8.2% interest rates on deposits in USD and 15.5% rates on deposits in Armenian drams.

Unibank was founded in October 2001. In 2002 it introduced Unistream system. Some 93.5% of its shares are held by Glover Holding LTD.. ($ 1 – 477.06 drams). -0-

spot_img

POPULAR

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img