Wed, 17 September
26.1 C
Yerevan
USD: 382.94 RUB: 4.61 EUR: 453.25 GEL: 141.01 GBP: 522.45

Armenia interested in cooperating with Japanese Mitsubishi UFJ

YEREVAN, May 12. /ARKA/. Armenian Finance Minister Tigran Khachatryan had a meeting with representatives of Japanese Mitsubishi UFJ financial-banking holding in Morocco, the Finance Ministry’s press service reported.

It said they discussed the possibilities of cooperation between Mitsubishi UFJ and Armenia. No other details about the meeting were provided.

The meeting was held in Morocco on the sidelines of the annual meeting of the EBRD Board of Governors (9-12 May), where Armenia was represented by the Finance Minister.

Mitsubishi UFJ Financial Group, Inc. (MUFG) is Japan’s largest financial group headquartered in Chiyoda. It is among the top 10 largest banks in the world. As of the end of 2019, the holding’s net profit was about 528 billion yen. (about $4 billion at current exchange rates). Its market capitalization (MUFG) today exceeds $71.8 billion. –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

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.

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 Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img