Friday, December 18 2015 16:59
Naira Badalian

Gallup International: VTB Bank (Armenia) and Rosgosstrakh Armenia are most popular financial institutions in Armenia

Gallup International: VTB Bank (Armenia) and Rosgosstrakh Armenia are most popular financial institutions in Armenia

ArmInfo. The public opinion poll conducted by Gallup International Association in Armenia has demonstrated that VTB Bank (Armenia) is the most popular among the financial-credit organizations of Armenia, Aram Navasardyan, Founder and Director at MPG LLC - Exclusive Representative of Gallup International Association in Armenia, told reporters on December 18.  

Navasardyan said that in terms of recognizability and quality of services the respondents mentioned VTB Bank (Armenia) - 57% and 26%, respectively. 49% of the respondents mentioned Unibank in terms of recognizability, 39% - ACBA-CREDIT AGRICOLE BANK, 37% - Ardshinbank.  In terms of the quality of services, 12% of the respondents pointed out ACBA-CREDIT AGRICOLE BANK, 11% named Unibank.  Navasardyan said that the respondents choose the banks by the following criteria: 21% - the bank is near their house or office, 18% - the choice has been made by the employers or the higher educational establishments (payroll customers of the bank), 17% - the choice has been made at the friends' recommendation, 11% - the criterion was the low loan interest rate, 8% - convenient lending, and 6% - the advertising campaign of the bank.

As regards the universal credit organizations, FINCA took the lead in terms of recognizability (70% of the respondents). The following companies ranked next: Aregak (52%), Kamurj UCO (39%) and Sef International (25%). FINCA was recognized the best (32%). Aregak ranked next (21%) and Sef International was the third - 14%. The respondents chose the UCOs with due regard for the following factors:  45% - at other people's recommendation, 41% - low loan interest rate, and 8% - the company's image.

The most recognizable insurance company is Rosgosstrakh Armenia (73% of the respondents). The following companies rank next - Ingo Armenia (55%), Nairi Insurance (36%) and RESO (28%). The best companies are Rosgosstrakh Armenia (51%), Ingo Armenia (18%) and Nairi Insurance (12%). The respondents explained their choice the following way: 36% - at the friends' recommendation, 24% - affordable price of the services, 23% - the company's experience.

The poll was conducted throughout Armenia on November 22-29, with 1,106 respondents interviewed. A face-to-face interview was chosen as the method of the poll.