In Q2 2013 mortgage loan book of Armenian banks grew by 0.8% to $325.8mln
 Thursday, August 15 2013, 17:35
ArmInfo. In Jan-June 2013 as compared with Jan-June 2012 the mortgage loan book of Armenia's banks grew by 10.3% to 133.5bln AMD ($325.8mln) or 7.5% of all loans. In Q2 2013 the index grew by 0.8%. According to ArmInfo's Ranking of Banks of Armenia, the top three in this segment are VTB Bank
In Q2 2013 SME lending grew by just 0.3%
 Thursday, August 15 2013, 17:34
ArmInfo. In Jan-June 2013 as compared with Jan-June 2012 the SME lending portfolio of Armenia's banks grew by 9.2% to 469bln AMD ($1.1bln) or 26.4% of all loans. In Q2 2013 the index grew by just 0.3%. According to ArmInfo's Ranking of Banks of Armenia, the leaders in this segment are ACBA-Cr
Volume of true credit investments by 30 June 2013 amounts to 1.8 trillion drams, decline from 6,1% to 3,3% for the 2Q
 Thursday, August 15 2013, 17:33
Arminfo. The volume of the true credit investments by 30 June 2013 amounted to 1.8 trillion drams ($4,3 bln), or 67,2% out of assets, taking into account the reserves for possible losses - 1.7 trillion drams. The volume of reserves grew by 15% versus 2012, and twofold versus 2011. The credit in
Growth of general obligations of the Armenian banking system slackens
 Thursday, August 15 2013, 16:12
ArmInfo. General obligations of the Armenian banking system grew 3.2% from 7.2% for Q2 2013 (versus 8.8% growth for Q2 2012). As compared to Q2 2012 this indicator grew 21.5% (a 29.1% year over year for Q2 2012). As of July 1 2013 general obligations of the Armenian banking system totaled 2.2 tr
In Jan-June 2013 average wage in Armenia's banking system grew by 20.3% to 366,000 AMD or $894
 Friday, August 9 2013, 16:55
ArmInfo. In Jan-June 2013 as compared with Jan-June 2012 the average wage in Armenia's banking system grew by 20.3% to 366,000 AMD or $894. According to ArmInfo's Ranking of the Commercial Banks of Armenia, in Jan-June 2013 the banks spent 24.9bln AMD or $60.6mln on wages (27% more than in Ja
In Q2 2013 retail deposits in Armenian banks slowed down their growth rates from 7.6% to 2.6%
 Friday, August 9 2013, 16:02
ArmInfo. In Q2 2013, retail deposits in Armenian banks slowed down their growth rates from 7.6% to 2.6% (against 9% growth over Q2 2012) to 823.3 bln AMD ($2 bln) by 1 July 2013. As compared with Q2 2009, this index tripled (the 22% sudden devaluation of the Armenian dram on 3 March 2009 resulte
Deposits with Unibank up 34%
 Wednesday, July 10 2013, 14:48
ArmInfo. Deposits with Unibank grew 34% as of late May 2013 as compared to the same period of 2012 and totaled 11.9 bln drams. Unibank press-service told ArmInfo the share of time deposits in total was 90.4% or 101.2 bln drams. Due to dynamic growth of its indicators, Unibank is the leader in
Deposits with Unibank up 34%
 Wednesday, July 10 2013, 14:48
ArmInfo. Deposits with Unibank grew 34% as of late May 2013 as compared to the same period of 2012 and totaled 11.9 bln drams. Unibank press-service told ArmInfo the share of time deposits in total was 90.4% or 101.2 bln drams. Due to dynamic growth of its indicators, Unibank is the leader in
Unibank adopts Salesforce's system to make consumer lending quicker and easier
 Tuesday, June 11 2013, 18:19
ArmInfo. Unibank has adopted the customer relations management system of Salesforce.com, the world's leader in CRM and Cloud Computing. The press service of Unibank reports that the system will help the bank to make consumer lending quicker and easier. From now on it will take you no more
Unibank and "Interservice Mek" net of furniture stores offer a credit action "0%, 0%, 0%+"
 Friday, June 7 2013, 20:22
Arminfo. The credit actions "0%, 0%, 0%+", within the frames of which Unibank jointly with big trade nets offers a consumer credit with three zeroes, is becoming more and more popular among the clients. As press-service of Unibank reported, the demand for this credit product is conditioned
Unibank adopts Salesforce's system to make consumer lending quicker and easier
 Tuesday, June 11 2013, 18:19
ArmInfo. Unibank has adopted the customer relations management system of Salesforce.com, the world's leader in CRM and Cloud Computing. The press service of Unibank reports that the system will help the bank to make consumer lending quicker and easier. From now on it will take you no more
Unibank and "Interservice Mek" net of furniture stores offer a credit action "0%, 0%, 0%+"
 Friday, June 7 2013, 20:22
Arminfo. The credit actions "0%, 0%, 0%+", within the frames of which Unibank jointly with big trade nets offers a consumer credit with three zeroes, is becoming more and more popular among the clients. As press-service of Unibank reported, the demand for this credit product is conditioned
Unibank's strategy for short-term outlook aims to develop retail business and work with small and medium enterprises
 Friday, April 26 2013, 16:43
ArmInfo. Unibank's strategy for the short-term outlook is aimed at developing retail business and the work with small and medium enterprises. The press service of the Bank told ArmInfo that the annual general meeting of the Bank's shareholders took place on April 22. The meeting summed up the re
Unibank launches round-the-clock support service for cardholders
 Thursday, April 18 2013, 18:27
ArmInfo. Unibank, which has issued a total of 145 thsd Visa and ArCa cards so far, has organized a round-the-clock (7/24) support service in order to ensure maximum comfort when serving its cardholders. The support service phone number is (+374 10) 555-385. Unibank's press service told ArmInf
Unibank launches round-the-clock support service for cardholders
 Thursday, April 18 2013, 18:27
ArmInfo. Unibank, which has issued a total of 145 thsd Visa and ArCa cards so far, has organized a round-the-clock (7/24) support service in order to ensure maximum comfort when serving its cardholders. The support service phone number is (+374 10) 555-385. Unibank's press service told ArmInf
Unibank starts issuing chip Visa cards
 Tuesday, April 16 2013, 20:31
ArmInfo. Unibank's processing center has started issuing chip Visa cards. The press service of Unibank reports that the cards will be issued on demand and will have a special microprocessor ensuring their higher efficiency and protection. One of advantage of the card is that it is a multi-
Unibank starts issuing chip Visa cards
 Tuesday, April 16 2013, 20:31
ArmInfo. Unibank's processing center has started issuing chip Visa cards. The press service of Unibank reports that the cards will be issued on demand and will have a special microprocessor ensuring their higher efficiency and protection. One of advantage of the card is that it is a multi-
31 stores have joied Unibank's Magnis project since early 2013
 Monday, April 15 2013, 19:14
ArmInfo. Unibank keeps on expanding the Magnis project of privileges and discounts, which is becoming more and more popular among the Bank's customers and partners of the project with every passing year. The press service of Unibank told ArmInfo that since 2013 31 stores have joined the project,
Unibank's strategy for short-term outlook aims to develop retail business and work with small and medium enterprises
 Friday, April 26 2013, 16:43
ArmInfo. Unibank's strategy for the short-term outlook is aimed at developing retail business and the work with small and medium enterprises. The press service of the Bank told ArmInfo that the annual general meeting of the Bank's shareholders took place on April 22. The meeting summed up the re
Net profit of Armenian banks down 37.3% in Q1 2013
 Thursday, April 25 2013, 14:14
ArmInfo. In Q1 2013 the net profit of Armenia's banks dropped by 37.3% to 8.5bln AMD, while the loans grew by 6% to 1.6tln AMD. AmRating's experts believe that the key reason why the net profit dropped is that many of the banks have finally written off their overdue loans. One more explan


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