Ardshinbank appoints Artak Ananyan as chairman of its board

YEREVAN, August 14. /ARKA/. On August 10, based on the decision of the Board of Directors of Ardshinbank, Artak Kliment Ananyan was appointed as the Chairman of the Management Board of Ardshinbank.

Artak Ananyan has been working in financial-banking system since 1998. During his twenty years of experience, he worked at the Central Bank of Armenia and held senior positions at “Hayagrobank” OJSC and “Ardshinbank” CJSC. 2015-2017 acted as the CEO of “Areximbank-Gazprombank Group” CJSC, and in 2017 rejoined Ardshinbank as the Deputy Chairman of “Ardshinbank” CJSC. Artak Ananyan will continue to fulfill the duties of Interim Chairman of the Bank’s Management Board until the day of registration to the Central Bank of the Republic of Armenia.

An economist-financier, a candidate of physical and mathematical sciences. He is married, has two children.

Ardshinbank is the only private company in Armenia that has been assigned the rating of two international ratings agencies – Moody’s and Fitch, equal to the rating of the Republic of Armenia, and is the only private company in Armenia that issued Eurobonds at international capital markets. It was recognized by American Global Finance magazine as the best bank of Armenia in 2018. -0-

spot_img

POPULAR

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 2–8)

The past week in the Armenian financial market was marked by the publication of macroeconomic data, capital market activity, and the continued regulatory adjustment of the payment infrastructure.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

LATEST NEWS

spot_imgspot_imgspot_img