Tue, 13 January
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Yerevan
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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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Armenian banks tighten checks on Russian transactions

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Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

Procedure and conditions for providing cashback on transactions with ArCa cards

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Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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