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Ararat Ghukasian elected president of union of Armenian banks

YEREVAN, November 5, /ARKA/. Ararat Ghukasian was elected unanimously president of the Union of Armenian Banks, the Central Bank of Armenia said in a statement.

It said he was elected at the extraordinary meeting of the Union on November 4. Ararat Ghukasian has replaced Emile Soghomonian, board chairman of Prometey Bank who held the position since 2007 August.

Before August 2009 Ararat Ghukasian served as chairman of board of Converse Bank. The Union of Armenian Banks was established in 1995 to protect the interests of Armenian banks. Presently all 22 Armenian commercial banks are its members.  -0-

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