Armenia and Greece deepen cooperation in the banking sector

YEREVAN, September 25. /ARKA/. A memorandum of understanding between the Union of Banks of Armenia (UBA) and the Association of Hellenic Banks was signed at the international banking forum entitled “The Future of the Banking System: Sustainable Development and Innovation Prospects.”

The forum was held in Yerevan on September 23-24.

The purpose of the signed memorandum is to deepen cooperation between the banking associations of the two countries, aimed at creating a stable financial system and promoting economic development. The bilateral memorandum will facilitate the exchange of experience between the parties, the joint implementation of educational programs, and personnel training.

The memorandum was signed by UBA President Daniel Azatyan and the General Director of the Association of Hellenic Banks, Charoula Apalagaki.

spot_img

POPULAR

Investment portfolio of Armenian credit institutions in the first quarter of 2026 exceeded 100.6 billion drams

The total investment portfolio of Armenian credit institutions in the first quarter of 2026 amounted to 100.6 billion drams, according to the consolidated financial report of the country's credit institutions.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

AMX held government bond placement and redemption auctions worth 35 billion drams

On May 12, the Armenia Securities Exchange (AMX) held a government bond placement auction worth 30 billion drams and a government bond redemption auction worth 5 billion drams.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

LATEST NEWS

spot_imgspot_imgspot_img