Evocabank

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

EVOCABANK
TypeClosed joint-stock company
IndustryBanking, Financial services
Founded1990 (1990), Yerevan, Armenia
FounderSimon Gevorgyan
Headquarters
Yerevan
,
Armenia
Key people
Karen Yeghiazaryan (Chairman of the Management Board)[1]
ServicesCredit cards, Time deposits, retail banking, commercial bank, mortgage loans
Owners
  • Prometey City LLC (96%)
  • Other physical persons (4%)
Number of employees
338 (2020)

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.

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
  •  Banks portal
  1. "Bank management". Evocabank.am. Retrieved 30 September 2019.
  2. "General information". Evocabank.am. Retrieved 30 September 2019.
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