Evocabank


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.
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History

  • 1990: The bank was founded.
  • 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.
  • 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.
  • 2025: The Bank changed its legal form, reorganising from a CJSC into an OJSC. Evocabank and the EBRD signed a cooperation agreement. The Bank introduced the new Evoca Travel Card. The Evoca Partners Club and Evoca Benefits projects were launched.

Branches

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.
  • "Ajapnyak" branch: Abelyan 2/1 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.