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Tag Archives: official

Top Ameriabank official: Armenia’s banking sector hasn't seen defaults for 16 years

Hovhannes, what are the distinctive differences between banking in Armenia and Russia? The first difference is that we have no state-owned banks in Armenia. All the banks are privately owned. This is why the competition among them is very tense. There are also international players here such as HSBC, VTB, Credit Agricole, etc. Nevertheless, local banks successfully compete with them, ...

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Top Ameriabank official: Armenia’s banking sector hasn't seen defaults for 16 years

Hovhannes, what are the distinctive differences between banking in Armenia and Russia? The first difference is that we have no state-owned banks in Armenia. All the banks are privately owned. This is why the competition among them is very tense. There are also international players here such as HSBC, VTB, Credit Agricole, etc. Nevertheless, local banks successfully compete with them, ...

Read More »

Top Ameriabank official: Armenia’s banking sector hasn't seen defaults for 16 years

Hovhannes, what are the distinctive differences between banking in Armenia and Russia? The first difference is that we have no state-owned banks in Armenia. All the banks are privately owned. This is why the competition among them is very tense. There are also international players here such as HSBC, VTB, Credit Agricole, etc. Nevertheless, local banks successfully compete with them, ...

Read More »

Top Ameriabank official: Armenia’s banking sector hasn't seen defaults for 16 years

Hovhannes, what are the distinctive differences between banking in Armenia and Russia? The first difference is that we have no state-owned banks in Armenia. All the banks are privately owned. This is why the competition among them is very tense. There are also international players here such as HSBC, VTB, Credit Agricole, etc. Nevertheless, local banks successfully compete with them, ...

Read More »

Korean business people to visit now-suspended factory park in N. Korea: official

South Korean business people who ran factories in the Kaesong Industrial Complex are pushing to visit the now-suspended industrial park in the North Korean border town next week at the earliest, a government official said Wednesday. Baek Tae-hyun, a spokesman of the Ministry of Unification, said that the Seoul government is discussing with North Korea details of the South Korean ...

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