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.

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 "Evoca Premium Branch": Zakyan 10 "Paronyan" branch: 15/3 Paronyan Street "Kasyan" branch: Vazgen the First Vehapar Street, 5 "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.

Tavush, Armenia "Dilijan" branch: 74 Myasnikyan Street.

Evocabank

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