30/01/2015 10:45
Haykakan Zhamanak: Banks ‘optimize’ their expenditures
“The current sad situation in the banking system makes banks ‘optimize’ their expenditures, reduce them as much as possible ahead of hard times. One example of such optimization was the suspension of operation of several banks’ branches in Yerevan where rents are very high,” ‘Haykakan Zhamanak’ daily writes.
“The banks plan to open additional branches in outskirts of the city or in regions where rents for premises are relatively low,” the daily writes.