ArmInfo A Memorandum of Understanding was signed between the Union of Banks of Armenia and the Association of Greek Banks during the International Banking Forum, which began on September 23 in Yerevan at the initiative of the Union of Banks of Armenia (UBA).
According to the UBA press service, the Memorandum was signed by Union President Daniel Azatyan and the Association of Greek Banks CEO Haroula Apalagaki.
The document is intended to enhance collaboration between the banking associations of both countries, aiming to establish a stable financial system and foster economic development. "The bilateral memorandum will facilitate the exchange of experience and opportunities between the parties, the joint implementation of educational programs, and cooperation in personnel training," the statement reads.
Daniel Azatyan emphasized that the memorandum is an important step towards expanding the global connections of the Armenian banking sector and enhancing regional collaboration.
Recall that the annual banking forum, organized by the Union of Banks of Armenia (UBA), kicked off today in Yerevan. This year, it is being held under the motto "The Future of the Banking System: Sustainable Development and Innovation Prospects." As noted by the UBA, the "Banking Forum 2025" is unique not only for the number of participants but also for the wide range of topics discussed. Bringing together representatives of Armenian and international financial institutions, the forum aims to discuss issues related to digitalization, cybersecurity, risk management, the implementation of modern financial services standards, and the vision for the future of the banking system.
This year, the forum was attended by the Union of Banks of Armenia's international partners, including those from the United States, Great Britain, Austria, Germany, Luxembourg, the United Arab Emirates, Poland, Greece, and Georgia.
The banking forum is being held jointly with the European Bank for Reconstruction and Development, the Association of Banks of Central and Eastern Europe, and the Central Bank of Armenia.
