Oracle Day Workshop for the banking sector held in Yerevan

October 21, 2009 - 17:05 AMT
PanARMENIAN.Net - Oracle Day Workshop for the banking sector was held in Yerevan today. According to Global SPC CEO Armine Hakobyan, Oracle is a multimedia company to provide software solutions for corporate governance, for financial and banking sector. "The best banks around the world are using Oracle , and the use of Oracle's products will enable our banks to climb one step higher and raise their level to the level of the City Bank, Bank of New York," she added . According to her, the use of Oracle products will also improve the safety of the Armenian commercial banks making them more accessible worldwide.

 

Director of the Department of Eastern Europe and CIS of Oracle Bob Grogh reported, that company's profit reaches 23.3 billion USD, and it annually invests about 3 billion USD in research and development. The company produces 3000 products and has 345 000 customers in 145 countries, Oracle's personnel reaches 85 000.
 Top stories
Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”Armenia dismisses Turkey’s demand to shut down nuclear plant as “inappropriate”
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia to loan AMD 2.9 billion to KarabakhArmenia to loan AMD 2.9 billion to Karabakh
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
Azerbaijan opposes Armenia’s plans to build new metallurgical plantAzerbaijan opposes Armenia’s plans to build new metallurgical plant
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Armenia attracts record amount of foreign direct investments, says MinisterArmenia attracts record amount of foreign direct investments, says Minister
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
 Articles
4 rules for business success

An ultimate guide

 Most popular in the section
Armenia's international reserves grew by 8.9% in 2022
IDBank to participate in Career City Fest 2023
Armenia-Iran trade grew 45% in January-October – official
Shell already in Armenia: First fuel stations put into operation
Home
All news
Overview: Economy
Archive for October 21, 2009
Other news in this section
  Related sections
World
 Latest news
Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.
Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.
Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.
Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin.
---