Armenia Banking Market by Sector (Retail Banking, Corporate Banking, and Investment Banking) and Type (Closed Joint-Stock Company [CJSC] and Open Joint-Stock Company [OJSC]): Opportunity Analysis and Industry Forecast, 2019–2026
- ALL3476326
- 90 Pages
- December 2019
- BFSI
In Armenia, Central Bank of Armenia (CBA) is a single regulator responsible for the protection of consumer rights and other activities in the financial system of the country. The banking system is the biggest part of the financial market and is highly dominated by banks that account for 88% of the total assets of the system. It has 17 commercial banks operating in the Republic of Armenia, and all commercial banks are currently participating in exchange trading of Armenia.
Rise in adoption and implementation of digital banking technologies in the international financial system boosts the growth of the Armenian banking sector in the market. Moreover, continuous growth of small- and medium-sized enterprises (SMEs) in Armenia leads to large-scale financing and lending to SMEs in comparison with other countries, which in turn fuels the growth of the banking sector in the country. However, the financial sector is characterized by high dollarization at around 60%, which is one of the highest in the region. This financial dollarization of banks’ assets and liabilities leads to large scale foreign exchange and refinancing risks, which is expected to hamper the market growth. On the contrary, the country is set to introduce Basel III, providing an opportunity for banks to maintain capital buffers to cover bank losses during financial instability, and execute their existing offerings in the market. In addition, the liquidity rates of the banking system continue to stay high, providing an opportunity for banks to serve customers at the expense of liquidity means in the country.
The Armenia banking market is segmented on the basis of sector and type. On the basis of sector, it is segmented into retail banking, corporate banking, and investment banking. By type, it is bifurcated into closed joint-stock company (CJSC) and open joint-stock company (OJSC).
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the Armenia banking market share with the current trends and future estimations of the market.
A comprehensive analysis of the factors that drive and restrict the market size is provided.
A comprehensive quantitative analysis is provided from 2019 to 2026 to assist market stakeholders to capitalize on the prevailing market opportunities.
An extensive analysis of the key segments of the industry helps understand the market trends.
The key players and their strategies are provided to understand the competitive outlook of the market forecast.
KEY MARKET SEGMENTS
• By Sector
o Retail Banking
o Corporate Banking
o Investment Banking
• By Type
o Closed Joint-Stock Company (CJSC)
o Open Joint-Stock Company (OJSC)
KEY PLAYERS PROFILED
• Ameriabank CJSC
• ARARATBANK OJSC
• ArmSwissBank CJSC
• Converse Bank CJSC
• HSBC Armenia
• ID Bank
• ACBA-CREDIT AGRICOLE BANK CJSC
• ArmBusinessBank CJSC
• Ardshinbank CJSC
• Inecobank CJSC
The other players in the market include (profiles not included in the report) the following:
• UniBank OJSC
• VTB Bank Armenia CJSC
• Artsakhbank CJSC
• Evocabank CJSC
• Mellat Bank CJSC
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.3.1. List of Key Players Profiled In The Report
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings of The Study
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Winning Strategies, 2018
3.3. Top Player Positioning, 2018
3.4. Porter’S Five Forces Analysis
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Robust Economic Growth
3.5.1.2. Increase In Small And Medium-Sized Enterprises (Smes)
3.5.1.3. Rise In Development of Digital Banking
3.5.2. Restraint
3.5.2.1. High Dollarization
3.5.3. Opportunity
3.5.3.1. Expansion of Products And Services
3.5.4. Impact Analyses
Chapter 4: Armenia Banking Market, By Sector
4.1. Overview
4.1.1. Market Size And Forecast
4.2. Retail Banking
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.3. Corporate Banking
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.4. Investment Banking
4.4.1. Key Market Trends, Growth Factors, And Opportunities
Chapter 5: Armenia Banking Market, By Type
5.1. Overview
5.1.1. Market Size And Forecast
5.2. Closed Joint-Stock Company (Cjsc)
5.3. Open Joint-Stock Company (Ojsc)
Chapter 6: Company Profiles
6.1. Ameriabank Cjsc
6.1.1. Company Overview
6.1.2. Company Snapshot
6.1.3. Product Portfolio
6.1.4. Key Strategic Moves And Developments
6.2. Araratbank Ojsc
6.2.1. Company Overview
6.2.2. Company Snapshot
6.2.3. Product Portfolio
6.2.4. Key Strategic Moves And Developments
6.3. Armswissbank Cjsc
6.3.1. Company Overview
6.3.2. Company Snapshot
6.3.3. Product Portfolio
6.4. Converse Bank Cjsc
6.4.1. Company Overview
6.4.2. Company Snapshot
6.4.3. Product Portfolio
6.4.4. Key Strategic Moves And Developments
6.5. Hsbc Armenia
6.5.1. Company Overview
6.5.2. Company Snapshot
6.5.3. Product Portfolio
6.5.4. Key Strategic Moves And Developments
6.6. Id Bank
6.6.1. Company Overview
6.6.2. Company Snapshot
6.6.3. Product Portfolio
6.6.4. Key Strategic Moves And Developments
6.7. Acba-Credit Agricole Bank Cjsc
6.7.1. Company Overview
6.7.2. Company Snapshot
6.7.3. Product Portfolio
6.8. Armbusinessbank Cjsc
6.8.1. Company Overview
6.8.2. Company Snapshot
6.8.3. Product Portfolio
6.9. Ardshinbank Cjsc
6.9.1. Company Overview
6.9.2. Company Snapshot
6.9.3. Product Portfolio
6.9.4. Key Strategic Moves And Developments
6.10. Inecobank Cjsc
6.10.1. Company Overview
6.10.2. Company Snapshot
6.10.3. Product Portfolio
6.10.4. Key Strategic Moves And Developments
Table 01. Armenia Banking Market By Sector, 2018-2026, ($Million)
Table 02. Armenia Banking Market By Type, 2018-2026, ($Million)
Table 03. Ameriabank Cjsc: Company Snapshot
Table 04. Ameriabank Cjsc: Product Portfolio
Table 05. Araratbank Ojsc: Company Snapshot
Table 06. Araratbank Ojsc: Product Portfolio
Table 07. Armswissbank Cjsc: Company Snapshot
Table 08. Armswissbank Cjsc: Product Portfolio
Table 09. Converse Bank Cjsc: Company Snapshot
Table 10. Converse Bank Cjsc: Product Portfolio
Table 11. Hsbc Armenia: Company Snapshot
Table 12. Hsbc Armenia: Product Portfolio
Table 13. Idbank: Company Snapshot
Table 14. Idbank: Product Portfolio
Table 15. Acba-Credit Agricole Bank Cjsc: Company Snapshot
Table 16. Acba-Credit Agricole Bank Cjsc: Product Portfolio
Table 17. Armbusinessbank Cjsc: Company Snapshot
Table 18. Armbusinessbank Cjsc: Product Portfolio
Table 19. Ardshinbank Cjsc: Company Snapshot
Table 20. Ardshinbank Cjsc: Product Portfolio
Table 21. Inecobank Cjsc: Company Snapshot
Table 22. Inecobank Cjsc: Product Portfolio
Similar Reports
Online banking or internet banking is a service provided by retail bank, virtual bank (neo banks) or credit unions. Online banking provides the customers with a secure website through which they can conduct financial transactions. Recent trends show that, customers are keenly adopting on...
- Publish Date: July 31, 2017
- $5370
ATMs have evolved from just cash dispensing machines to multifunctional equipment that provide not only cash withdrawal facilities but offer currency conversions facilities, account information, deposits, transfers, bill payment, cash recycling among other services. The Asia-Pacific region is becoming increasingly characterized by technology-facilitated transactions. ...
- Publish Date: March 1, 2016
- $3390
The Global P2P Industry 2016 Deep Market Research Report is a professional and in-depth study on the current state of the P2P industry. The report provides a basic overview of the industry including definitions and classifications. The P2P market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. ...
- Publish Date: January 15, 2016
- $2800
