An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

YEREVAN, August 24. /ARKA/. The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Now, the company “Hol” creates entertaining and intellectual games designed for different age groups. Armenian-made games develop linguistic thinking, communication skills, attention, orientation, logic, and worldview.

Acba Bank became a development partner for “Hol,” and with their support, David was able to expand and then technically retool his business.

“Our mission is to create offline games that allow people to communicate with each other in real time. Our next mission is to foster a bond between parent and child through games. “We once had a very large order that required the production of a large number of games, but we lacked the funds. That’s when our collaboration with Acba began. “In addition to our partnership, we also collaborate with the bank in another area: the bank represents our products in several of its branches,” noted David Hovhannisyan, founder of the board game company Hol.

The company’s next goal is to export games. David and his team are confident that the next opportunity for development is entering international markets.

Hol currently produces over fifty games for various age groups.

The bank is controlled by the Central Bank of the Republic of Armenia.

spot_img

POPULAR

Ardshinbank and Ameriabank Account for Over Half of Armenian Banks’ Profit in First 9 Months

Ardshinbank and Ameriabank generated 50.81% of the total profit of Armenian banks from January to September 2026, according to an operational bulletin from the ARKA news agency.

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Aggregate assets of Armenian banks grew by 20.82% to 14.46 trillion drams by the end of September 2026

As of September 30, 2026, the aggregate assets of Armenian banks reached 14.46 trillion drams, an increase of 20.82% compared to September 30, 2025, according to an operational bulletin from the ARKA news agency.

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

LATEST NEWS

spot_imgspot_imgspot_img