AraratBank Appears in Top5 of Press Rating

RIA Oreanda, Russia
Aug 20 2009

ARARATBANK Appears in Top5 of Press Rating

Yerevan . OREANDA-NEWS . The news agency "ARKA" published the "Press
Rating” of Armenian banks based on the results of the second quarter
of the year 2009. In the reported period AmeriaBank, HSBC-Armenia,
Armeconombank, Unibank and ARARATBANK are in the top 5 of "Press
Rating", reported the press-centre of ARARATBANK.

According to the analysis, during the second quarter in Armenian press
there has been a definite increase in the informative activity of the
banks. During April – May of 2009, the number of "press-signals" has
increased by 2.7% compared to the same period of the previous year.

The prevailing part of the information has been occupied with the
approaches on the "Bank policy" and "Views and forecasts of
economy". "Press Rating" of ARKA is made based on the Bank’s financial
and economic indicators, the actual state of its activities and the
effectiveness of providing information.

The higher is the degree of effectiveness with which the bank provides
information about its actual activities, the more productive is its
communicative policy. It is worth mentioning that this rating does not
consider any advertising material.