Unibank Becomes a Member of BAFT

YEREVAN, December 10. /ARKA/. Unibank has become a member of BAFT (Bankers Association for Finance and Trade), the leading global industry association for international transaction banking.

By joining BAFT, Unibank strengthens its commitment to advancing trade finance, payments, and cross-border transfers. The membership will enable Unibank to collaborate with a global network of financial institutions, participate in industry-shaping discussions, and contribute to the development of best practices.

“We are delighted to join BAFT and look forward to strengthening our global presence while continuing to meet the evolving needs of our customers and providing them with industry-leading financial solutions,” said Mesrop Hakobyan, Chairman of the Management Board of Unibank. 

‘This membership reflects our ongoing commitment to expanding international cooperation and connectivity, with a focus on key areas such as trade finance, compliance, innovation, and payment systems.”

“We are pleased to welcome Unibank as the newest Armenian bank member of BAFT, joining our growing global community of more than 270 institutions across 65+ countries,” said Tod Burwell, BAFT President & CEO. 

“We look forward to Unibank’s active engagement across our committees and industry initiatives, and to supporting their continued growth in international transaction banking.”

BAFT membership offers a highly effective combination of advocacy, education and information resources and takes opportunities to gain unique insights and expand presence in the global financial community.

The bank is regulated by the Central Bank of Armenia.-0-

spot_img

POPULAR

Euro rose 2.09 points against the Armenian dram, while the dollar and ruble fell

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 26, 2026, fell 0.14 points compared to June 25, to 368.12 drams.

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

EDB has identified three main drivers of economic growth in Armenia

The Eurasian Development Bank (EDB) has identified the services sector, construction, and industry as the main drivers of economic growth in Armenia in January–May 2026.

VTB (Armenia) reports increased demand for agricultural lending products

VTB (Armenia) is reporting increased demand for its "Fast" loan product, designed for clients operating in the agricultural sector.

Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank

Idram and IDBank conducted a series of three-day financial literacy training sessions for over 460 participants of the AI Camp organized by the FAST Foundation.

LATEST NEWS

spot_imgspot_imgspot_img