Oracle Day Workshop for the banking sector held in YerevanOctober 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 Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. 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 | Armenia PM meets Iran’s Supreme Leader in Tehran Prime Minister Nikol Pashinyan had a meeting with Supreme Leader of the Islamic Revolution Seyyed Ali Khamenei Ruling MP accuses opposition of “serving other countries' interests” Khachatur Sukiasyan has accused Armenia’s opposition of serving the interests of other countries Protest leader vows to achieve departure of Armenian authorities According to Archbishop Bagrat, there is only one solution to the situation in Armenia. Heads of Armenian, Ukrainian parliaments hold virtual talks Alen Simonyan and Ruslan Stefanchuk held talks via video conference on Tuesday, May 21. |