Mon, 11 August
27.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Ashot Osipyan resigns as board chairman of Araratbank

YEREVAN, November 1. /ARКА/. Ashot Osipyan, Chairman of the Board of Araratbank OJSC, has resigned, the bank’s press service reported. It said Osipyan will be working for an international financial organization. Osipyan has been replaced by Deputy Board Chairman Karen Sargsyan.

Araratbank provides the latest and highest quality banking services to both individuals and legal entities by using the latest technologies. It has created a special business culture in the bank-client relationship.

Araratbank has 61 branches throughout the country. It is an active participant in the real sector of the Armenian economy, lending to small and medium-sized businesses. The bank cooperates with 14 international financial organizations. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img