YEREVAN, December 18. \/ARKA\/. Armenian banks have spent AMD 1614.1 million for advertisement and representation over first three quarters of 2009.<\/p>\n
This expenditure is 6.4% greater than that of the same period a year earlier.<\/p>\n
ARKA News Agency\u2019s analysis grounded on banks\u2019 financial reports shows that one bank\u2019s average advertisement and representation expenses amounted to AMD 73.4 million in Jan-Sept 2009 against AMD 69 million spent at the same period a year before.<\/p>\n
One bank\u2019s monthly advertisement and representation expenses average AMD 8.15 million.<\/p>\n
According to the analysis, ACBA-Credit Agricole Bank has outdone other banks in spending money for advertisement and representation.<\/p>\n
It spent AMD 344.4 million for that at the mentioned period. Its advertising and representation expenses constituted 21.3% of those of the whole Armenian banking system.<\/p>\n
The bank has spent 2.1 times greater amount over the three quarters of 2009 than a year earlier.<\/p>\n
Anelik Bank with its AMD 188.7 million advertisement and representation expenses cut by 27.8%, compared with the previous year, came second.<\/p>\n
Ameribank with its AMD 159 million expenses, 1.5 times greater than Jan-Sept 2008, follows Anelik Bank.<\/p>\n
Then came Unibank with its AMD 147.3 million (3.8% reduction) and Armbusinessbank with AMD 115.8 million (45.9% growth).<\/p>\n
These five banks\u2019 share in Armenian banking system\u2019s advertisement and representation expenses was 59.2% in (21.3%, 11.7% , 9.8%, 9.1% and 7.2% accordingly) in Jan-Sept 2009.<\/p>\n
Twenty two banks with their 365 branches are functioning in Armenia now. ($1 = AMD 377.91).-0–<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenian banks enlarge their advertisement and representation expenses<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12382,15837,12163,319],"class_list":{"0":"post-5568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-advertisement","9":"tag-armenia-2","10":"tag-banks","11":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=5568"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5568\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=5568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=5568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=5568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}