Evocabank

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EVOCABANK

Evocabank's headquarters in Yerevan, Armenia.
Type	Closed joint-stock company
Industry	Banking, Financial services
Founded	1990; 31 years ago (1990), Yerevan, Armenia
Founder	Simon Gevorgyan
Headquarters	Yerevan , Armenia
Key people	Karen Yeghiazaryan (Chairman of the Management Board)[1]
Services	Credit cards, Time deposits, retail banking, commercial bank, mortgage loans
Owners	Prometey City LLC (96%) Other physical persons (4%)
Number of employees	338 (2020)

Evocabank (previously known as Prometey Bank), is an Armenian commercial bank with headquarters in Yerevan.

As of 05.05.2021, Mareta Gevorkyan owns 95.79% of the ordinary shares, as well as 100% of preferred shares issued in 2016 and 99.21% of preferred shares issued in 2020. Holders of 4.21% of the ordinary shares are 14 individuals.^[2]

History[]

Head office of Evocabank

• 1990: The Bank was founded as “Prometheus Commercial Bank".
• 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.
• 2018: Global Finance magazine named Evocabank The Best Consumer Digital Bank in Armenia for the second year in a row. ArCa-MIR Card and Shopping Card were introduced. On the occasion of May holidays, a fastive open-air concert was organized.
• 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]}

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: 2 Kievyan Street.
• "Malatia" branch: 134/8 Zoravar Andraniki Street.

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.

References[]