Tag: UBA

Initiated by the Union of Banks of Armenia (UBA), the Raiffeisen Banking International (RBI) corporation hosted the first "Days of Armenian Banks" in Vienna, aimed at enhancing collaboration between the financial sectors of Armenia and Europe.

Accumulated profits and funds of the banks should be directed to investments, said Daniel Azatyan, Chairman of the Union of Banks of Armenia (UBA), in response to a question from ARKA news agency about forecasts for 2025 and the readiness of banks to contribute to the capital market development.

President of the Union of Banks of Armenia (UBA) Mher Abrahamyan finds correction of a number of faults an important step on the way of improvement of investment environment in the country and protection of interests of domestic and foreign investors. He is quoted by the union's press office as saying in an interview that the mission of the Central Bank of Armenia in very important in the process of rooting out these problems

President of the Union of Banks of Armenia (UBA) Mher Abrahamyan said in an interview to whom the amendment to the law on bank secrecy will not apply, the press office of the union reports

The total amount of non-cash transactions made in Armenia by using banking cards in 2018 soared by 47.2% from the previous year to 395.9 billion drams

Samvel Chzmachyan, a banker with a 44-year work experience, has left office after eight years of chairmanship in the Union of Banks of Armenia (UBA), Golos Armenii reported on Tuesday

The Union of Banks of Armenia has provided computers and printers worth a total of 21 million drams to schools in border villages, the head of the union Samvel Chzmachyan told reporters on Monday

Armenian Anelik Bank CEO Samvel Chzmachyan has resigned and will work only as president of the Union of Banks of Armenia (UBA)

Diners Club International, one of the world’s leading payment systems, will enter the Armenian market within the next two months