Ria Money Transfer once again named AraratBank Partner of the Year 2022.

YEREVAN, March 21. /ARKA/. The award has been granted based on the volume and number of transactions, quality of service, compliance with MLTF requirements, and efficiency of joint campaigns.

“In the face of global challenges, it is extremely difficult to retain the volume of transactions and even harder to ensure its quantitative growth, but strange as it may seem, such challenges build sustainability and make us adapt in order to deal with similar situations. This is also testified by the fact that the geographical coverage of the Ria Money Transfer system has expanded to over 182 countries instead of last year’s 160,” said Zaruhi Melkonyan, Head of International Operations Department at AraratBank. -0-

spot_img

POPULAR

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

Central Bank of Armenia estimated “unexpected losses of banks” under a three-year stress scenario at 185 billion drams

Unexpected losses of the Armenian banking system on the horizon of three-year stress testing at the Central Bank are estimated at about 2% of risk-weighted assets, or about 185 billion drams, said Martin Galstyan, Chairman of the Central Bank of Armenia, presenting the financial stability report for 2025.

Head of Central Bank named two main risks for financial stability

There are two main risks for the financial stability of Armenia: one is associated with external factors, the other with internal processes, said the Chairman of the Central Bank Martin Galstyan, presenting the financial stability report for 2025.

LATEST NEWS

spot_imgspot_imgspot_img