Chair of Armbusinessbank board beaten up in his office room: Newspaper

YEREVAN, June 14. /ARKA/.  The chairman of Armbusinessbank Board Sergey Arzumanyan was severely beaten up in his office room Monday evening, Haykakan Zhamanak (Armenian Time) newspaper reports, referring to its own sources.

According to the newspaper, four or five people burst into his office room, beat him up and left the bank. Arzumanyan followed them beaten beyond recognition.
The newspaper also says Arzumanyan had a tense telephone talk with someone just half an hour before the incident.

The bank refused to comment on the incident.
Armbusinessbank closed joint stock company (Arminvestbank before August 26, 2006) was registered on December 10, 1991.  –0—

spot_img

POPULAR

VTB (Armenia): “Stable” Deposit – Up to 10% Per annum and Opening via Mobile App

Retail clients of VTB (Armenia) can open a "Stable" deposit at a rate of up to 10% per annum when deposited in the national currency for a term of 12 months.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img