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-

spot_img

POPULAR

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

Up to 25% idcoin When Buying Airline Tickets with IDBank Premium Cards

When planning your next trip, the first thing you consider is your budget — how much you can spend, how to find the best deals, and how to save while discovering new destinations.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

LATEST NEWS

spot_imgspot_imgspot_img