Tue, 22 April
20.1 C
Yerevan
USD: 390.51 RUB: 4.81 EUR: 449.98 GEL: 142.19 GBP: 522.85
spot_img

New board chairman appointed at IDBank

YEREVAN, January 10. /ARKA/. Mher Abrahamyan is appointed as chairman of the Management Board of IDBank.
The Central Bank of Armenia upheld his candidacy on December 19, the press office of the bank reported on Thursday.

Vartan Dilanyan, chairman of the bank’s council, said that Mher Abrahamyan has a 20-year experience in working at the financial sector.

In his words, Abrahamyan not only welcomes key points of the bank’s development strategy, but he is also ready to support their implementation.

“I am convinced that the bank run by Abrahamyan will overcome all challenges and will successfully put quite ambitious strategic objectives into practice,” he said.

Dilanyan also said that Ruben Melikyan, financial director of the bank, who has been acting chairman of the board in the recent 18 months, will be deputy board chairman.

Before this appointment, Mher Abrahamyan was the chief of the central bank’s financial system regulating division.

He has been working in the financial sector since 1999. Abrahamyan has a diploma of the Armenian State University of Economics. After graduating from the university he continued his education at the Fletcher School of Law and Diplomacy at Tufts University, and he received the 1st and the 2nd degree CFA certificate.

IDBank was established on July 9, 1990 and registered as Anelik Bank CJSC. In May 2017, the bank carried out re-branding and renamed IDBank. Now the bank has two shareholders – FISTOCO LTD with 59.7% and “CreditBank S.A.L.” with 40.3%. -0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia ratifies agreement with IBRD on health coverage program worth 102 million euros

Armenia's National Assembly has ratified today a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD, a WB division) on universal health coverage program.

Law on regulating crypto-assets in Armenia aims at balancing risks – Central Bank

The National Assembly of Armenia has initiated discussions on a draft law concerning Crypto-Assets, along with amendments to several related regulations.

Euro and US dollar exchange rates slightly down against dram

The average market exchange rate of the US dollar to the Armenian dram on April 17, 2025, fell by 0.33 points compared to April 16 and amounted to AMD 390.94.

Acba Leasing invests AMD 220 bln in 5 years in development of Armenian economy (video)

Acba Leasing proudly stands as the leading force in Armenia's leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025. During this exhibition, Acba Leasing will showcase outstanding offers from the leasing market.

LATEST NEWS

spot_imgspot_imgspot_img