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News  
TOP Managers of Armenian banks voted for their “Best Competitors”

The results of the “Best Competitor” survey conducted by ArmInfo show that professional market-players strongly acknowledge the activities of the five leading banks in Armenia. Among those five, ACBA-CREDIT AGRICOLE BANK stands at the top of the ranking (with 48.3% of 100% possible).

Following another round of regular inter-bank cross-surveys among 60 top managers of 19 Armenian banks, 8 nominees took up leading positions in a total of 12 nominations.

The final results (based on average percentage points) of the “Best Competitor” biennial surveys, in all nominations, showed that professional market-players strongly acknowledge the activities of the five leading banks in Armenia. Among those five, ACBA-CREDIT AGRICOLE BANK stands at the top of the ranking (with 48.3% of 100% possible).

These surveys are based on the overall assessment by banks’ senior management (chief executives and heads of departments) of the quality of business of their competitors – other Armenian banks. The recent survey focused such areas of assessment as quality of management, corporate governance, SME financing activities, large-business lending, consumer and mortgage lending activity, currency market participation, plastic cards, money transfers, government bonds and corporate debt trading. The technical capacities of competitors were also assessed.

According to the recent survey results, ACBA-CREDIT AGRICOLE BANK is an absolute leader in:
Management quality and professional judgment – 56.3% of all votes
SME financing – 60.9% of all votes.


*Source: http://www.arminfo.am





In case of any inconsistencies between the published Armenian and English information, the Armenian version prevails.


Updated 19.02.2010, 10:00 AM
  
 
 
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