Key Account Management has become a common practice in many leading companies impacting their further development, including growth in revenues. According to some observations this domain has received little or no attention in Armenia. In our interview with Hayk Petrosyan, consultant at Ameria Management Advisory Services, we talked about the importance of Key Account Management (KAM), the extent to which it is practiced and developed in Armenia and a number of other issues.

On September 13-19, Vili Galabova, the international wine consultant of CBI Agency - The Centre for The Promotion of Imports - will be in Yerevan. With a more than 15-year experience in wine export, promotion, style, marketing and production, the consultant has once again visited Armenia to support the winemaking companies and structures, interested in the development of the industry.

Armenian state tourism committee was formed in 2016 to immediately proceed to work. In an interview with PanARMENIAN.Net, committee chairperson Zarmine Zeytuntsyan dwelled on the main principles of Armenian tourism development, national identity issues, as well as inexpediency of mass tourism and efforts to view tourism a startup business. She also referred to tourism products and diversification of markets.

Andrew Mkrtchyan, Chairman of the Board of Directors at Ameriabank elaborated in an interview on the future of Armenian banking system and possible developments for 2016, tackling questions on the crisis in the system, Ameriabank's recent collaboration with international financial institutions and much more. The interview was triggered by the two deals signed by Ameriabank with major IFIs: the European Bank for Reconstruction and Development (EBRD) invested $40 million in the capital of Ameriabank, while the International Finance Corporation (IFC) provided a $50 million subordinated loan.

Fish products by the Armenia-based ARTEZIANICA company are becoming increasingly preferred by Russians. The owner of the Armenian processing company ARTEZIANICA Alexey Dmitriev shared the secret of their popularity, innovative technologies used by the company, prospects of the development of fish farming sector in Armenia.

Rapid growth of Armenian banking market, soaring competition forces local banks to diversify their businesses while searching for unoccupied niches and trying to expand the range of services. Active development of remote banking technologies prompts creation of additional banking services as well as a new direction of strategic importance, with electronic banking dominating the most significant trends. Experts forecast the trend to take hold in influencing further development of modern technologies. The head of IT and Automation Department at Ameriabank Beniamin Tadevosyan spoke about the main trends in the sector on of online banking in an interview with PanARMENIAN.Net.

The plastic card business in Armenia is going forward at a steady gait. Trying to attract more clients, banks offer ‘tempting’ terms, making accent on affordable tariffs. At the same time, the culture of using plastic cards is being developed. Ameriabank’s Branches Coordination Manager Hrachya Malkhasyan comments to PanARMENIAN.Net on how to withstand competition and satisfy the clients’ needs.

SME funding is a priority target for Areximbank-Gazprombank Group CJSC since the small and medium enterprises are the backbone of the economy in any country. The banks usually toughen loaning conditions, including those related to SME during a crisis to reduce the risks. However, the situation has changed now, and the SME loaning sector has started to develop. Head of the bank's SME loan department Martin Torosyan spoke about the bank's plans on SME funding in 2013 in an interview with PanARMENIAN.Net.

The whole world is keeping an eye on developments in Greece, EU withdrawal of which has sparked heated debates recently. Many experts believe this can amend the economy of eurozone, yet being an incorrect move in terms of politics. The last EURO 130 billion bailout provided to Greece by leading European structures is able to maintain the Greek economy through 2014. However, the country needs to at least restrain the economic decline in order to tackle the situation. President of the Economic and Social Council (E.S.C.) of Greece Christos Polyzogopoulos presented an overview of situation in Greece in his blitz-interview with PanARMENIAN.Net during his recent visit to Armenia.

As a democratic country, Armenia considers opportunities of expanding its trade and economic ties not only with its major ally Russia, developed Europe, unpredictable China, but with Arab countries as well. Armenian Agency of Development (AAD) has recently boosted cooperation with countries like Kuwait and UAE, deciding to provide partners from these countries with information about Armenia’s investment climate and its trade opportunities. AAD general director Robert Harutyunyan told PanARMENIAN.Net about the process of establishing trade and economic ties and attracting new investors.