About the bank

Բանկի մասին

About the bank

 

Բանկի մասին
The Bank’s mission
The Bank is currently described as a financial institution governed through conservative methods, meanwhile fast adjacent to innovations, endowed with a structural culture of entrepreneurship, principally ambitious and transparent.
The bank will strive to be universal for each client through widening the scope of its operations, offered services and variety of tools thus meeting clients’ requirements.
Aiming at becoming a universal bank in the long run, the Bank considers its mission to contribute to the long-term and dynamic development of the Armenian banking system and to meet the clients’ requirements for banking services at the highest level by providing high-quality banking services.

«Unibank» has a wide network of correspondent banks all over the world which gives the Bank an opportunity to carry out any international transaction efficiently.
To make an international transfer, the client needs to choose a proper correspondent also mentioning Unibank’s SWIFT (UNIJAM22) and the recipient’s name together with the account number at Unibank.
The Story
Unibank OJSC is the first bank in Armenia that has issued shares through initial public offering (IPO) and has held a listing on the stock exchange. Through 18 years of work, the bank has gained the trust of wide layers of population and has acquired a flawless business reputation among partners. The bank’s main strategic goals are the development of retail business and the promotion of small and medium enterprises. Not by chance is Unibank considered a national bank in Armenia. The bank serves more than 400 000 clients and annually demonstrates a steady growth in business. Unibank’s share in POS lending market makes 40%. Unibank possesses 54 branches, more than 100 promo points and 500 service poits at large shopping centers, as well as a representative office in Moscow. The bank actively develops Private Banking in Armenia and expands the spectrum of its services in the countries of CIS and Europe. In 2018, Unibank was awarded a prize at the SPEAR’s Russia Wealth Management Awards for the best client service in the sphere of Private Banking in the CIS countries.

According to the decision (24 ԾՕՀ Ա) of the RA CB of 28.04.2017, «Unibank» OJSC, «RESSO» insurance CJSC and «Unileasing» universal credit company  CJSC have been qualified as an Armenian multi-profile low risk financial group with a banking subgroup called «UNIGROUP».


2002
Launching international Unistream Payment System.

2003
Joining ArCa local payment system.

2004
Joining Visa International payment system.

2005
Extensive Lending of mortgage and auto loans, occupying, respectively, second and first place in the RA banking sector Share- 2006, Participation in IFAD and SME Business Development Fund (SMEDNC) lending programme -2007

2006
Unibank became a participant of the following programs:
1. IFAD program of investment promotion in rural areas,
2. SMEDNC foundation program of SMEs’ development.

2007
Share Capital Increase up to 8 599 million AMD

Starting joint Corporate Governance Program with ABN AMRO bank

2008
Member of the Armenian Nasdaq OMX stock exchange

2009
Central database and online operation

2010
Obtaining Moody's Investors Service Rating - Financial stability E+, long-term rating of Ba3, short-term rating of NP on deposits in national and foreign currency. Outlook Stable.

2011
Participation in Asian Development Bank’s Trade Finance Programme.

Share Capital increase to 11 400 million AMD and receiving a subordinated loan of 2 801 million AMD.

Best Cooperating Bank Financial System Mediator Award

2012
Best FX Dealer by Thomson Reuters.

2013
Launching own processing center.

Introduction of cloud based credit scoring and document circulation system.

Participation in the Loan Guarantee Fund program, implemented by USAID on a tender basis.

2014
Cooperation with IFC and BSTDB – USD 15 mln loan to expand SME lending Advisory services agreement with IFC aimed at improving SME credit underwriting and risk management. Launching One Window service at branches.

Launching Intel Express Money Transfer Reaching the benchmark of 250 000 active customers.

Start of Unibank Prive service.

2015
Legal transformation into Open Joint Stock Company

Moody’s Rating – B2 with Stable Outlook

RBI STP Quality Award by Raiffeisen Bank International for high quality international WIFT transfers

Introduction of ISO 27001:2013 information security standards

Account Operator in the Depositary system and a member of Unified System of Security Registry Maintenance and Settlement

Cooperation with European Investment Bank (EIB)

Annual Mercury Awards - winner in the nomination of People’s Bank

Successful completion of first IPO- 2.5 bln AMD

2016
Unibank switched to the new ProtoCRM system operated by «Protobase Laboratories».

For the first time, Unibank issued USD nominal coupon bonds that were on the Abond list of «NASDAQ OMX Armenia».

Unibank exercised a modern data processing center which is a universal information
 infrastructure designed for the allocation and flawless operation of server, network and communication equipment.

Moody’s Investors Service international agency confirmed the B3 rating of Unibank’s AMD and foreign currency long-term deposits making the forecast «positive».

Unibank celebrated the 15th anniversary of its foundation.

Unibank’s ordinary nominal shares were moved from «NASDAQ OMX Armenia»’s secondary «B» list to the main «A» list.

Unibank was announced the «Partner of the Year» at the international «Banking of the Future 2016» summit in Athens.

Board of the Bank made a decision on distributing interim dividends to the ordinary nominal shareholders for January-September period of  the current year in the form of ordinary nominal shares.

Unibank’s total capital exceeded the amount of AMD 35,2 billion.

2017
Ordinary nominal shares of «Unibank» OJSC have been delisted and moved to free market (C).

Unibank has been awarded with a certificate of compliance with the requirements of PCI DSS 3.2 standards.

With the help of Unibank, «Masters create masters» symphonic concert of young composers took place at Aram Khachatryan concert hall.

Unibank’s delegation took part in Cyber  Central Summit in Prague. 
Bako Sahakyan awarded Gagik Zakaryan, the Board Chairman of «Unibank» OJSC, with the «Vachagan Barepasht» medal.

The Union of Banks of Armenia awarded the Board Chairmen of Unibank Gagik Zakaryan and Vardan Atayan with the «Tigran Mets» medal.

Mesrop Hakobyan got the position of Executive Board Chairman at Unibank.

Unibank was the first to have successfully completed SWIFT certification.

2018
Unibank and the Export Insurance Agency of Armenia signed an agreement.

Unibank, in the frameworks of social responsibility, started a financing program for school improvement and equipment.

Unibank and FMO started the implementation of «Women in Business» lending program.

With the initiative of the RA’s Ministry of Culture and the support of Unibank, the jubilee concert dedicated to the world-famous duduk Master Jivan Gasparyan’s 90th anniversary took place.

Unibank completed 4 issues of bonds,allocating bonds in the amount of AMD 1 billion and USD 5 million.

«Unibank Prive» won the SPEAR’S Russia Wealth Management Awards 2018 for the best private banking customer service in the CIS countries.

2019
Unibank opened the new «Gevorg Chaush», «Noragavit», «Isakov», «Gugark» and «Ararat» branches.

VLV Electronics store chain of electronics recognized Unibank as the best partner of 2019.

SME Banking Club awarded Unibank with a certificate of the «Most Innovative Bank 2018».

Visa international payment system named Unibank the winner in the “Largest Visa Issuance in Armenia” category for being a leader in the number of card issuance in Armenia.

Unibank continued implementing the support program of borderline schools.The secondary school of Shaghat in Sisian was replenished with new sports equipment, and a new tatami was provided to the judo team.

Shareholders

Direct essential share

Name of participant

Resident / Non resident

Activity type

Share

«Uniholding GG Limited»

non resident

commercial

87,8 %

The share capital of the Bank includes 172,886,525 distributed ordinary shares & 32.010.000 preferred fixed shares.

Undirect essential share

Undirect essential share in the Bank have two participants of "Uniholding GG Limited" Gagik Zakaryan and George Piskov.

Shareholding structure of Unibank


International rating
15 January, 2021

Moody’s Investor Service international agency has assigned a rating to Unibank

Long-term local and foreign-currency deposit rating В2/NP
Baseline credit Assessment b3
Outlook
Stable
Long-term Counterparty Risk Assessment B2(cr)/NP(cr)

Committee under the Board of the Bank

Committee under the Board of the Bank

Investment Committee

Chairman

Board Member

Member

Board Chairman

Member

Board Member

Secretary

Head of Staff

The Investment Committee makes decisions on and controls the Bank’s resources, investment management, as well as implements discussions on issues and financial analyses regarding the current coordination of investment operations.


Audit and Risk Committee

Chairman

Board Member

Member

Board Chairman

Member

Board Member

Observer

Head of Internal Audit

Secretary

Head of Staff

The Committee’s goal is to improve the Bank’s recruitment policy, to present suggestions on recruitment policy to the Board, to develop a motivation and reward system for management staff.


Reward Committee

Chairman

Board Member

Member

Board Chairman

Member

Board Member

Secretary

Head of Staff

The Committee’s goal is to improve the Bank’s recruitment policy, to present suggestions on recruitment policy to the Board, to develop a motivation and reward system for management staff.

The evaluation principles of the Bank executive body’s work

The Executive body of «Unibank» OJSC is a cooperative body governed by the Board Chairman. The evaluation of the Executive Board’s work is carried out by the Board of the Bank, at least once a trimester in accordance with the report forms approved by the Board of the Bank. Reports are submitted not only by the Executive Board as a whole, but by each member of it separately, as well. To evaluate the Executive Board’s activity, the Board takes into consideration acts drawn from inspections carried out by different bodies, approved standards and performances planned by the Bank’s perspective development program.

Human resources management policy

«Unibank»’s relationships with its employees are based on the principles of long-term cooperation and mutual respect, as well as on a precise management of mutual responsibilities. The Bank continually makes premises for the professional development of its employees and strives to provide them with favorable conditions to establish and strengthen positive relationships among the staff members.

Privacy policy

The proper collection and maintenance of clients’ information are the most important pledge for the trust clients have in «Unibank» OJSC. The Bank may only disclose the information required by the RA legislation.

Transactions between persons related to the Bank

Differentiated approaches to the requirements for transactions with legal entities and physical persons are exercised. The Bank carries out such transactions following the requirements set by the 39th article of the RA legislation on «Banks and Banking Activity». Conditions of transactions (including opportunities, prices, rates, maturity term, etc, of the transactions) with people related to the Bank may not be more beneficial for the former than for other physical persons, as well as for legal entities that are not the Bank’s employees. Transactions between the Bank and people related to the bank are carried out by the Bank in accordance with the relevant procedures for the conclusion of certain types of transactions.

The number of Bank employees

The Bank had 814 employees as of 30.09.2019.
The Banks correspondent banks

Տարադրամը  

Թղթակից բանկը

SWIFT/BIC

Յունիբանկի հաշվեհամար

AUSTRIA

EUR

Raiffeisen Bank International AG

Vienna, Austria

RZBAATWW

55.072.276

USD

Raiffeisen Bank International AG

Vienna, Austria

RZBAATWW

70-55.072.276

GBP

Raiffeisen Bank International AG

Vienna, Austria

RZBAATWW

83-55.072.276

GEORGIA

USD

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

EUR

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

GBP

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

CHF

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

SEK

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

SGD

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

GEL

Bank of Georgia

Tbilisi, Georgia

BAGAGE22

GE78BG0000000550474600

GERMANY

EUR

Landesbank Baden-Wuerttemberg

Stuttgart, Germany

SOLADEST

2803195

ITALY

EUR

Banca Popolare di Sondrio

Sondrio, Italy

POSOIT22

IT14L0569611091CEDEU0625600

KAZAKHSTAN

USD

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

KZ507000000201300101

EUR

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

KZ777000000201300100

RUB

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

30111810900000000008

AMD

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

KZ617000000201300097

KZT

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

KZ457000000201300094

BYN

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

BY41EABR31020000000000000019

TJS

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

KZ347000000201300098

KGS

Eurasian Development Bank

Almaty, Kazakhstan

EABRKZKA

7100000000000765

RUSSIA

RUB

АО Альфа-Банк 

г.Москва, РФ БИК : 044525593

К /С: 30101810200000000593

ALFARUMM

30111810000000000282

USD

Alfa-Bank

Moscow, RF

ALFARUMM

30111840500000000011

EUR

Alfa-Bank

Moscow, RF

ALFARUMM

30111978100000000011

BYR

Alfa-Bank

Moscow, RF

ALFARUMM

30111978100000000011

RUB

ПАО Сбербанк 

г.Москва, РФ БИК : 044525225

К /С: 30101810400000000225

SABRRUMM012

30111810900000001684

RUB

АО Райффайзенбанк

г.Москва, РФ БИК : 044525700

К /С : 30101810200000000700

RZBMRUMM

30111810700000000023

RUB

АО Россельхозбанк

г.Москва, РФ БИК : 044525111

К /С : 30101810200000000111

RUAGRUMM

30111810900000000041

USD

JSC Rosselkhozbank

Moscow, RF

RUAGRUMM

30111840200000000041

EUR

JSC Rosselkhozbank

Moscow, RF

RUAGRUMM

30111978800000000041

RUB

ТКБ БАНК ПАО

г.Москва, РФ БИК : 044525388

К /С : 30101810800000000388

TJSCRUMM

30111810300000000186

USD

Transkapitalbank

Moscow, RF

TJSCRUMM

30111840600000000186

EUR

Transkapitalbank

Moscow, RF

TJSCRUMM

30111978200000000186

CNY

Transkapitalbank

Moscow, RF

TJSCRUMM

30111156200000000186

RUB

ПАО Банк ФК Открытие

г.Москва, РФ БИК : 044525985

К /С : 30101810300000000985

JSNMRUMM

30111810700000000013

USD

PJSC Bank Otkritie Financial Corporation

Moscow, RF

JSNMRUMM

30111840800000000006

EUR

PJSC Bank Otkritie Financial Corporation

Moscow, RF

JSNMRUMM

30111978800000000004

USD

JSC Transstroibank

Moscow, RF

TRSNRUMM

30112840500000001396

EUR

JSC Transstroibank

Moscow, RF

TRSNRUMM

30112978100000001396

RUB

ОАО КБ Юнистрим

г.Москва, РФ БИК : 044525550

К /С : 30101810145250000550

UMTNRUMM

30111810500000000002

USD

Unistream Commercial Bank (JSC)

Moscow, RF

UMTNRUMM

30111840100000000003

EUR

Unistream Commercial Bank (JSC)

Moscow, RF

UMTNRUMM

30111978700000000003

RUB

АО РОСЭКСИМБАНК

г.Москва, РФ БИК : 044525192

К /С : 30101810545250000192

EXIRRUMM

30111810305100000503

USD

Eximbank of Russia

Moscow, RF

EXIRRUMM

30111840605100000503

EUR

Eximbank of Russia

Moscow, RF

EXIRRUMM

30111978205100000503


The Bank does not conduct business with shell banks.

Bank requisites
Full Name «Unibank» Open Joint-Stock Company
License
Banking License 81 issued by the RA CB on 10.10.2001, reissued on 23.06.2015
Certificate of registration Certificate of registration number 0373, registration date- 09.10.2001
Address 1-5, number 53, 12 Charents Street, Yerevan, Armenia
TIN 02559077
RA CB correspondence account number 103002102418
SWIFT`
UNIJAM22
Postal Index 0025
Phone + 37410 59 22 59
Fax + 37410 55 51 40
Website www.unibank.am
E-mail