The ‘ Armenia Banking market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Armenia Banking derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Armenia Banking market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario | Market Behavior/ Level of Risk and Opportunity | End Industry Behavior/ Opportunity Assessment | Expected Industry Recovery Timeline | Business Impact Horizon |
Opening of Economy by Q3 2020 | xx | xx | xx | xx |
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 | xx | xx | xx | xx |
The Armenia banking market was valued at $519 million in 2018, and is expected to reach $996 million by 2026, registering a CAGR of 8.5% from 2019-2026. A bank is a financial institution licensed to accept deposits from the public and create credit in the market. The banking system operates into corporate banking, retail banking, investment banking, wholesale banking, and other such banking segments globally. It provides various products and services such as wealth management, credit and cash management, currency exchange, and other financial transactions and services in the industry. The banking system is highly regulated in most of the countries, responsible for ensuring financial stability and protecting depositors’ funds, regulate exchange rates to control inflation, and other such allied activities in the banking sector.
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
o Retail Banking
o Corporate Banking
o Investment Banking
o Closed Joint-Stock Company (CJSC)
o Open Joint-Stock Company (OJSC)
KEY PLAYERS PROFILED
The other players in the market include (profiles not included in the report) the following:
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Armenia Banking Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
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Key Points Covered in Armenia Banking Market Report: COVID 19 Impact Analysis
Chapter 1: Introduction
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
Continued….
……..and view more in complete table of Contents
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