UNIBANK CONNECTS BRANCH NETWORK TO ONLINE REGIME

ArmInfo
2009-03-17 11:05:00

ArmInfo. Unibank has completed the work on connection of the branch
network in Armenia to online system.

As Unibank’s press service told ArmInfo, the head office and 28 bank
branches have been currently connected to the unified database system.

Another two branches of the bank in the NKR – "Stepanakert"
and "Gandzasar" will be connected to online system in the near
future. According to the source data, due to online system, the clients
are enabled to carry out bank operations in any branch of the bank
connected to this system, irrespective of the initial address of
their service.

As Director for Data Systems Management of Unibank Mesrop Hakopyan
said, use of this system is attractive for the clients who command
the cash remittance services. In particular, the bank’s client may
receive cash remittance through UNIStream system in any branch of
Unibank connected to online system, irrespective of the address
indicated by a sender. To recall, circulation of cash remittance
through UNISTream system in Armenia in 2008 made up $802 mln, having
increased by 22% as compared with the indicator, 2007. About 50%
of the Armenian market fall on the system. According to Unibank’s
data, the volume of investments for implementation of on-line system,
the work on which started in the bank in July, 2008, made up about
$1mln. "Implementation of this system more enhanced the bank service
quality level. Unibank serves about 1.5 mln clients per year, and it
is very important for us to maintain the comfort and efficiency of
service", M. Hakopyan emphasized.

To recall, "Asset Management" and "EVA Invest" with 50% block of
stock each are shareholders of Unibank. According to the Ranking of
Armenia’s commercial banks, prepared by the Agency of Rating Marketing
Information (ArmInfo), Unibank takes the leading positions in the
country’s banking system by key indicators, as of January 1, 2009.