Tigran Davtyan was appointed chief executive officer of Inecobank

YEREVAN, March 2. /ARKA/. Tigran Davtyan was appointed as new Chief Executive Officer of Inecobank, the Yerevan-based bank said today. It said Tigran Davtyan has more than 25 years of experience in the banking and finance sector and has worked on many responsible positions both in Armenia and abroad.

In particular, Tigran Davtyan served as Director of the Financial Policy Department at the Eurasian Economic Commission since 2016. In 2008-2016, he worked at Converse Bank, in 2008-2016 he was the Executive Director, Management Board Chairman of Converse Bank.

Tigran Davtyan is an author and co-author of numerous scientific and educational publications. He has more than 20 years of teaching experience in the institutions of higher education. He holds PhD of Economics degree. Married, has two daughters.

Commenting the new appointment, the Board Chairman of Inecobank, Tigran Karapetyan, said,

“We are pleased to welcome Tigran Davtyan in his new capacity of the head of executive body. We are delighted to see him being part of Inecobank team. We are sure he will do his best to continue the dynamic development of Inecobank and achieve its goals”.

Inecobank was registered in 1996. Its shareholders are A. Baloyan (30%), K. Safaryan (25.92%), EBRD (22.7%), DEG Deutsche Investitions-und Entwicklungsgesellschaft mbH (5.75%) and IFC (4.25%). -0-

spot_img

POPULAR

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

LATEST NEWS

spot_imgspot_imgspot_img