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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

“AGROVISION” CJSC’s bonds were listed on Armenia Stock Exchange

YEREVAN, August 17. /ARKA/.  Today, “AGROVISION” CJSC, a company operating in the agro-industrial sector, became a listed company on the Armenia Stock Exchange (AMX).

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

LATEST NEWS

spot_imgspot_imgspot_img