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Unibank Connects Branch Network To Online Regime

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  • Unibank Connects Branch Network To Online Regime

    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.
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