Mon, 24 February
-12.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

Unibank successfully complies with swift security standards

YEREVAN, December 5. /ARKA/. Unibank is the first bank in Armenia that has successfully gone through the certification process for compliance with the security standards of the SWIFT payment system.

The Customer Security Controls Framework 1.0. standard contains mandatory and recommended control elements designed to improve the information and cyber security and protect information infrastructure. In order to ensure the introduction of these control elements the SWIFT has developed an appraisal process that banks need to complete before the end of December 2017.

To ensure a high level of information security, Unibank has taken an integrated approach by using advanced information security technologies. It should be reminded that the bank had introduced the information security management system in accordance with the requirements of international standards ISO 27001: 2013, and also received a certificate of compliance with the requirements of the PCI DSS (PCI Data Security Standard).

The Yerevan-based Unibank has also successfully completed the process of compliance with the requirements of the PCI PIN Security 2.0 standard and received a certificate of compliance with the international standard.

The PCI PIN Security 2.0 certificate ensures that the process of provision of card PINs by the bank is carried out in accordance with the security requirements of the international Visa payment system, indicating also a high degree of protection of card transactions.

Unibank was founded in October 2001. In 2002, the bank introduced the Unistream system. The main shareholder of the bank is UNIHOLDING GG LIMITED. In 2015 the bank was reorganized into an open joint-stock company. -0-

spot_img

POPULAR

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Deposits in Armenian banks at the end of 2024 amounted to AMD 6.46 trillion

The amount of deposits in Armenia's commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

LATEST NEWS

spot_imgspot_imgspot_img