Unibank joins Association of Lessors of Armenia

YEREVAN, 26 June. /ARKA/. Unibank, as an active participant of the leasing market, has joined the Association of Lessors of Armenia.  

According to the press service of the bank, this cooperation will provide an opportunity to improve the implementation of leasing transaction for all parties, to get unified solutions, which will contribute to reforms in this area and its improvement. In addition, Unibank will have the opportunity to directly participate in the legislative improvement of the sector.

“Leasing as a financial instrument is rapidly developing in Armenia: enterprises have appreciated the advantages of leasing equipment and machinery. Thanks to affordable leasing, small and medium-sized businesses have an opportunity to increase their efficiency and competitiveness. Membership in the Association of Lessors creates wide opportunities to participate in the reforms of the area and contribute to its further development,” said David Petrosyan, First Deputy Chairman of the Management Board of Unibank, Director for Corporate Business and Sales Development.

President of the Association Arsen Bazikyan noted that Unibank’s membership is of great importance for the sector. Unibank’s branch network, target group inherent in leasing and experience in leasing will play an important role in achieving the goals of the Association.

The Association of Lessors plays an important role in the development of the leasing services by providing a platform for co-operation where members are able to discuss issues, share best practices and propose leasing reforms. -0-

.

spot_img

POPULAR

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

LATEST NEWS

spot_imgspot_imgspot_img