Evocabank

EVOCABANK

Evocabank's headquarters in Yerevan, Armenia.
Company type	Closed joint-stock company
Industry	Banking, Financial services
Founded	1990;35 years ago (1990), Yerevan, Armenia
Headquarters	Yerevan , Armenia
Key people	Karen Yeghiazaryan (Chairman of the Management Board) [1]
Services	Credit cards, Time deposits, retail banking, commercial bank, mortgage loans
Owner	Mareta Gevorkyan (100%)
Number of employees	530 (2025)
Website	www.evoca.am

Evocabank is an Armenian commercial bank with headquarters in Yerevan.

As of 17 January 2023, Mareta Gevorkyan owns 100% of the ordinary shares, as well as 100% of preferred shares issued in 2016, 99.9% of preferred shares issued in 2020 and 100% of preferred shares issued in 2022. ^[2]

History

Head office of Evocabank

• 1990: The bank was founded. ^[3]
• 2000: Accessed the S.W.I.F.T. system.
• 2005: Became a shareholder of "Armenian Card" CJSC, and a full member of "ArCa" payment system.
• 2006: The bank was granted the status of an affiliated member of the "MasterCard Europe" system. The bank started issuing "Maestro", "MasterCard Standard", "MasterCard Gold", "MasterCard Business" banking cards.
• 2008: The bank issued its own bonds which were privately placed.
• 2017: The bank has been renamed to Evocabank, changing its strategy and business model, and moving to mobile-first format. Joined in VISA payment system. Introduced SingleTOUCH online loan.
• 2019:Evocabank Board Deputy Chairman Karen Yeghiazaryan has been appointed chairman of the board. Visa Infinite card has been presented. Bank became the general sponsor of Eurovision 2019 broadcasting.^{[ citation needed ]}
• 2022: Evocabank share capital increased by AMD 3 Billion. The Bank issued bonds. Evocabank introduced its new Visa Vision card. Bank started new collaboration with HayPost on delivering fintech services.
• 2024: Evocabank acquired new international partners, including EIB Global, IFC, Al Fardan Exchange.^{[ citation needed ]}

Branches

Evocabank HQ.

Yerevan, Armenia

• "Head office": 44/2 Hanrapetutyan
• "Paronyan" branch: 15/3 Paronyan Street
• "Kasyan" branch: 5 Kasyan Street
• "Tumanyan" branch: 15 Tumanyan Street
• "Azatutyan 12" branch: 12 Liberty Avenue
• "Garegin Nzhdeh" branch: 9 Garegin Nzhdeh Street
• "Davtashen" branch: 32/8 Tigran Petrosyan Street
• "Erebuni" branch: 76 Gajegortsneri Street
• "Kievyan" branch: 11a Kievyan Street
• "Malatia" branch: 134/8 Zoravar Andraniki Street
• "Nor Nork" branch: 14/9 Gai Avenue.
• "Yerevan Mall" branch: 34 Arshakunyats Avenue.
• "Hanrapetutyun" branch: Hanrapetutyun 59.

Abovyan, Armenia

• "Kotayk" branch: 1/2 Ogostosi 23 Street.

Gyumri, Armenia

• "Gyumri" branch: 63/1 Rustaveli Street.

Vanadzor, Armenia

• "Vanadzor" branch: 34 Gr. Lusavorich Street.

See also

• Banks portal
• Money portal

• Economy of Armenia
• List of banks in Armenia

References

1. "Bank management". evoca.am. Retrieved 30 September 2019.
2. "General information". Evocabank.am. Retrieved 30 September 2019.
3. "Evocabank". Banks.am. Retrieved 2024-04-10.