Nikolay Hovhanessyan appointed as acting CEO of ACBA- CREDIT AGRICOLE BANK

YEREVAN, March 25. / ARKA /. ACBA- CREDIT AGRICOLE BANK Board has appointed today Nikolay Hovhanessyan as Acting Chief Executive Officer of the bank. The previous CEO, Stepan Gishyan, died on March 22 at the age of 49.

“Nikolay Hovhanessyan has contributed greatly to the development of ACBA- CREDIT AGRICOLE BANK,’ a bank press release says.

It says Hovhanessyan has worked for the bank since its inception. In 1996-2003 he served as head of a branch in Armavir. In 2000-2006 he was a member of the Board of the Bank of Farmers Mutual Assistance, which in 2006 was reorganized into JSC ACBA- CREDIT AGRICOLE BANK.

From 2003 to this day he has been a member of the board of directors of the credit organization ACBA Leasing.

In 2003-2006 he served as Deputy General Director of the Bank of Farmers Mutual Assistance and since 2006 he has been Deputy CEO of ACBA- CREDIT AGRICOLE BANK.-0-

spot_img

POPULAR

Unibank Issues Perpetual Bonds with a 13.25% Annual Yield for Shareholders

Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img