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Advisor to Araratbank CEO on PR issues resigns

YEREVAN, June 1. /ARKA/. Anna Baghdasaryan, advisor to the Executive Director of Araratbank on PR issues, announced her resignation on her Facebook page. She held the position for nine years.

In early February, Mher Ananyan replaced Ashot Osipyan as new Executive Director, Chairman of the Board of Araratbank. Ashot Osipyan resigned on November 1, 2019 to take over a job in an international financial organization.

Araratbank OJSC provides the latest and highest quality banking services both to individuals and legal entities. It runs 61 branches throughout the country. Araratbank lends actively to small and medium-sized businesses. It cooperates with 14 international financial organizations. -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

Investment opportunities in Armenia discussed by Finance Minister and new ADB President

YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.

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