Strategic goal of Ardshinbank is a combination of remote and traditional banking services

YEREVAN, October 31. /ARKA/. The strategic goal of Ardshinbank is a combination of remote and traditional banking services, Ardshinbank Board Chairman Mher Grigoryan said in an exclusive interview to ARKA news agency.

‘Innovative transformation of business through the introduction of mobile banking and other digital services is an urgent issue for the entire banking system of Armenia, including Ardshinbank,’ he said.

“But to set ourselves a separate goal of developing remote banking is not from the strategic tasks of our bank,” he clarified. Grigoryan said that he sees Ardshinbank’s strategic goal somewhat differently.

“Simple transactions that require everyday comfort for the client, of course, will be switched to remote communications and this needs to be developed, but this does not mean that we set ourselves a goal to automate and make all communications distant in such a way that there is no physical communication and contact at all with our customers,’ he said.

He added that it is hardly a proper strategy to robotize the bank’s relationships with its clients, since all people, all clients are different, and they have to apply an individual approach to each of them both in corporate and retail businesses. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 5, 2026, fell by 0.05 points compared to June 4, to 368.54 drams.

LATEST NEWS

spot_imgspot_imgspot_img