Tue, 29 April
13.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Karapet Gevorgyan Becomes Acting Chairman Of Ardshininvestbank’s Directorial Board

YEREVAN, February 16. /ARKA/. On Wednesday, Armenian Ardshininvestbank’s board elected Karapet Gevorgyan, the banks deputy chairman and retail business director, as acting chairman of the directorial board, the bank’s press office reports.

The Ardshininvestbank’s board accepted Nerses Karamanukyan’s resignation. The latter has been the bank’s directorial board chairman since July 2009.

Karamanukyan expressed gratitude to the bank personnel and the board members for collaboration.
Karen Safaryan, the board chairman, thanked Karamanukyan for his effective work and handed him the bank medal.

Karapet Gevorgyan was born on October 24, 1974.

He has graduated from the Yerevan State University, economic department. He is Ph. Dr.
Gevorgyan has worked as specialist and senior specialist at the central bank’s banking surveillance division, as head of the finance ministry’s administration, as deputy director of the center coordinating assistance coming from the outside and as chief of the ministry-affiliated international economic cooperation agency.

From 1998 till 2010, Gevorgyan ran German KfW Bank’s resident office in Armenia.

On October 18, 2010, he became the Ardshininvestbank’s deputy chairman and retail business director.
Ardshininvestbank received its license for banking activities from the Central Bank of Armenia on February 27, 2003.

The bank’s main shareholders are Business Innovation Center (87.23%) and International Finance Corporation (10%).

Arshininvestbank is an affiliated member of MasterCard/Europay international payment system and a stockholder of local transfer system Armenian Card closed joint stock company.

Currently Ardshininvestbank cooperates with a number of Russian banks – Promsvyazbank, Socgorbank, Forabank and Sberbank.

The bank has 49 branches, including 6 branches in Nagorno-Karabakh Republic and a representative office in Paris..-0—

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Armenia Enters Top 10 Countries in the World with Lowest Inflation in 2024 – IMF

Armenia was among the top 10 countries in the world with the lowest annual inflation in 2024. Such data is provided in an IMF study on 156 countries.

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

LATEST NEWS

spot_imgspot_imgspot_img