ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin

Arminfo. In Jan-June 2011 the average monthly salary of one employee in the banking system of Armenia made up 299,000 AMD or $810 - 0.1% lower than a year before. During the period the total salary costs of the commercial banks of Armenia totaled 16.9bln AMD ($45.9mln, 8.9% annual growth). The

Arminfo. In Jan-June 2011 the aggregate net profit of Armenia's commercial banks grew by 39.3% to 21.2bln AMD or $57.6mln. In Q2 2011 alone the index totaled 10.7bln AMD or $29.1mln - 24% more than in Q2 2010 and 2% less than in Q1 2011. In Jan-June 2011 the total income of Armenia's comme

Arminfo. In Jan-June 2011 the amount of deposits by physical entities at commercial banks of Armenia grew by 15.3% against 3% growth in Jan-June 2010. In Q2 2010 alone the index grew by 8% against 7% growth in Q1 2011 and 3.6% decline in Q2 2010 to 470.4bln AMD ($1.3mln). As compared with Jan-Ju

Arminfo. The total obligations of Armenia's banking system grew by 14% in Jan-June 2011, by 7% in Q2 2011 alone and by 32.3% as compared with Q2 2010 against respective 6.6% growth,4.1% drop and 21% growth in 2010 to 1.4trl AMD or $3.8bln. In the structure of the obligations in Q2 2011 time depo

ArmInfo. As of June 30 2011 the loan book of the banking system of Armenia totaled 1.179trl AMD ($3.2bln) or 66.9% of the assets and 1.160trl AMD with loan loss provisions inclusive. As compared with June 30 2010 the provisions grew by 19%, as compared with June 30 2009 - by 27%. Q2 2011 th

ArmInfo. Unibank has launched a promo point in the Kaiser supermarket in Yerevan's Achapnyak community (23/6 Margaryan Street). The press service of Unibank reports that the promo point is supposed to facilitate consumer lending procedures for the customers of Mobile Centre, a mobile phone a

ArmInfo. Unibank issued over 71 thousand bankcards as of August 1 2011, which was 42% more than in the same period of 2010, Unibank press-service told ArmInfo. The source reported that Unibank is among top five ArCa member-banks as to the quantity of the issued cards. Development of the card

Arminfo. Unibank has improved the conditions of the dram credits to purchase motor vehicles produced in 2011 via reducing prepayment to 20%. As press-service of Unibank reported, reduction of prepayment makes car loan more available for customers. Unibank is the leader in this segment of crediti

Arminfo. Unibank has improved the conditions of the dram credits to purchase motor vehicles produced in 2011 via reducing prepayment to 20%. As press-service of Unibank reported, reduction of prepayment makes car loan more available for customers. Unibank is the leader in this segment of crediti

ArmInfo. ACBA-Credit Agricole Bank, HSBC Bank Armenia and VTB Bank Armenia registered the highest net profits in Jan- June 2011 - 3bln AMD ($8.2mln), 2.8bln AMD ($7.5mln) and 2.6bln AMD ($7.1mln), respectively. According to ArmInfo's Ranking of Commercial Banks of Armenia, the 4th is Ardshin

ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the press service of Unibank reports that during the period the bank registered the biggest growth in net earn

ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the press service of Unibank reports that during the period the bank registered the biggest growth in net earn

ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the press service of Unibank reports that during the period the bank registered the biggest growth in net earn

ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the press service of Unibank reports that during the period the bank registered the biggest growth in net earn

Arminfo. Unibank has improved the conditions of the dram credits to purchase motor vehicles produced in 2011 via reducing prepayment to 20%. As press-service of Unibank reported, reduction of prepayment makes car loan more available for customers. Unibank is the leader in this segment of crediti

ArmInfo. In Jan-June 2011 as compared with Jan-June 2010 Unibank enlarged its time deposit portfolio by 28% to 80.3bln AMD. The amount of private time deposits grew by 18% to 47.4bln AMD, reports the press service of Unibank. The source says that the prevalence of long-term deposits proves t

ArmInfo. In Jan-June 2011 Unibank's profit exceeded 1bln AMD - fivefold growth as compared with Jan-June 2010. Referring to ArmInfo's Ranking of Commercial Banks of Armenia bulletin, the press service of Unibank reports that during the period the bank registered the biggest growth in net earn

ArmInfo. In Jan-June 2011 the loan book of the SME Development National Center of Armenia (SMEDNC) totaled 34.8mln AMD. A source from SMEDNC reports that during the period the Center granted credit guarantees worth 20.5mln AMD to four SMEs, with their payables totaling 40.7mln AMD (interest

ArmInfo. Salary card projects in Armenia are going back into the Armenian Card (ArCa) national payment system. Chairman of the Board of Directors of Unibank Mesrob Hakobyan explains that most of the local banks are transiting from magnet to more expensive chip MasterCards and Visas. This is