About AraratBank
AraratBank is a company based in Yerevan (Armenia) founded in 1991. It operates as a Professional Services, Commission-Based, and FinTech. AraratBank offers products and services including Consumer Loans, Mortgage Loans, Agricultural Loans, Business Loans, and Payment Cards. AraratBank operates in a competitive market with competitors including Ameriabank, Scotiabank, Ardshinbank, ARMECONOMBANK and InecoBank, among others.
- Latest Funding Round$3.61M (USD), Debt – Conventional
Apr 2021
- InvestorsIncofin Investment Management
& 3 more
Products & Services of AraratBank
AraratBank offers a comprehensive portfolio of products and services, including Consumer Loans, Mortgage Loans, Agricultural Loans, Business Loans, and Payment Cards.
Various consumer loans are offered for personal needs.
Mortgage loans are provided for property acquisition purposes.
Agricultural loans are extended to support farming activities.
Business loans are available for small and medium enterprises.
Different payment cards are issued for various transactions.
Apps and channels of AraratBank
AraratBank publishes 2 mobile apps with over 100K+ downloads; its YouTube channel ARARATBANK OJSC has 2.35K subscribers and 30 videos.
Videos from AraratBank
The most watched videos on AraratBank's YouTube channel, ARARATBANK OJSC (2.35K subscribers). Click a video to play it here.
More on ARARATBANK OJSC.
Funding Insights of AraratBank
- Total Rounds 4
- Last Round Debt – Conventional — $3.61M
- Investors Count 4
All 4 funding rounds of AraratBank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $3.61M | Debt – Conventional | – | – | |
| Sep 2014 | $10M | Debt – Conventional | – | – | |
| Oct 2012 | – | Private Equity Round | – | Incofin Investment Management | – |
| Mar 2012 | – | Private Equity Round | – | – | – |
4 investors in total: 4 institutional.
Investors in AraratBank
AraratBank has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Incofin Investment Management, FMO and Volksvermogen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Volksvermogen is recognized as a dynamic investment company. | – | volksvermogen.be | Gent, Belgium | |
Venture capital firm focused on multiple sectors | – | incofincvso.be | Antwerp, Belgium | |
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Impact investing in agriculture, water access, and microfinance across emerging markets. | 2001 | incofin.com | Antwerp, Belgium |
Investor details for AraratBank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AraratBank
7 people are tracked at AraratBank (6 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Osipyan Ashot | Chairman & CEO | Leadership |
Tigran Galstyan | Director Of Operational Department | Leadership |
Mher Ananyan | CEO and Chairman of the Executive Board | Leadership |
Lilit Asatryan | Head Of Banking Products Sales Division | Leadership |
Anna Valery | PR Advisor To CEO | Leadership |
Garegin Galustov | Acting Head Of Marketing | Leadership |
Artyom Gevorgyan | Ведущий Специалист По POS Терминалам | Team |
Complete people profiles for AraratBank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of AraratBank
3 dated milestones of AraratBank across 30 years, from founding to its latest funding, stage changes and deals.
- Founded AraratBank is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $3.6M.
Competitors of AraratBank
AraratBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ameriabank, Scotiabank, Ardshinbank, ARMECONOMBANK and InecoBank, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ameriabank.am | 1992 | Yerevan, Armenia | $70M | – | Commercial bank | |
| scotiabank.com | 1832 | Toronto, Canada | – | 88,645 | Commercial banking services are provided internationally by Scotiabank. | |
| ardshinbank.am | 2002 | Yerevan, Armenia | $10M | – | Commercial banking services are offered in Armenia by Ardshinbank. | |
| aeb.am | 1991 | Yerevan, Armenia | – | – | Commercial banking services are offered in Armenia since 1991. | |
| inecobank.am | 1996 | Yerevan, Armenia | – | – | Commercial banking services are provided in Armenia. | |
| ksk-bc.de | 1853 | Biberach, Germany | – | – | Provides retail and business banking services with online platforms and financial products. | |
| fastbank.am | 1994 | Yerevan, Armenia | – | – | A closed joint stock company providing a variety of banking services to customers. |
Detailed competitors of AraratBank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of AraratBank
The website of AraratBank (araratbank.am) receives about 42.3K visits a month and ranks #1,029,812 among all websites worldwide, #10,400 in Financial Planning and Management.
- Monthly visits42.3K
▲ 65.3% vs previous month
- Unique visitors9.3K
per month
- Global rank#1,029,812
among all websites
- Category rank#10,400
Finance · Financial Planning and Management
- Bounce rate35%
- Pages per visit2.5
- Average visit1 min 36 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with AraratBank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| acba.am | 100% | 259.7K | #122,753 | View details | |
armbusinessbank.am | armbusinessbank.am | 90% | – | #1,819,497 | – |
| ameriabank.am | 89% | 388.3K | #87,030 | View details | |
| aeb.am | 89% | 244.4K | #73,014 | View details | |
| inecobank.am | 88% | 292.6K | #83,604 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for AraratBank
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Araratbank
Complete news archive for AraratBank
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to AraratBank
10 companies that operate in the same segment as AraratBank (Banks), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | Jaipur, Rajasthan, India | USD 136.29 M | USD 2.3 B | 50,950 | |
Small finance services are extended to underserved segments in India. | 2005 | Bengaluru, Karnataka, India | USD 153.96 M | – | 21,203 | |
Commercial banking services are provided in the United Kingdom. | 2010 | London, England, United Kingdom | USD 564 M | USD 1.15 B | – | |
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 111.83 M | USD 474.19 M | 12,520 | |
Wealth advisory and banking services are offered to clients. | 1872 | Charlotte, North Carolina, United States | USD 900 K | USD 881.26 M | 1,240 | |
Microfinance bank | 1999 | Bengaluru, Karnataka, India | USD 814.02 M | USD 670.62 M | 25,380 | |
Small finance bank offering savings accounts, deposits, and loan products | 2008 | Mumbai, Maharashtra, India | USD 110.94 M | USD 268.59 M | 8,650 | |
Commercial banking services are offered to individuals and businesses. | 2004 | Mumbai, Maharashtra, India | USD 4.63 M | USD 3.98 B | 28,690 | |
Provider of a commercial banking services | 1993 | Mumbai, Maharashtra, India | – | USD 17.37 B | 104,450 | |
Small finance bank | 2007 | Chennai, Tamil Nadu, India | USD 194.55 M | USD 840.3 M | 25,430 |
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Frequently Asked Questions about AraratBank
AraratBank was founded in 1991 and raised its 1st funding round 21 years after it was founded.
AraratBank is headquartered in Yerevan, Armenia.
Osipyan Ashot is the current CEO of AraratBank.
AraratBank is involved in offering a wide range of banking services in Armenia. Various financial solutions, including consumer loans, mortgage loans, agricultural loans, and business loans, are provided to individuals and enterprises. Payment cards and digital banking services are also facilitated to enhance customer convenience. The bank operates in the financial sector, focusing on commercial banking and investment tools. Support is extended to different sectors such as agriculture and small to medium enterprises through tailored loan programs. Additionally, international trade financing and money transfer services are managed to cater to diverse client needs.
AraratBank's top competitors include Ameriabank, Scotiabank and Ardshinbank.
AraratBank offers Consumer Loans, Mortgage Loans, Agricultural Loans, Business Loans, and Payment Cards.
AraratBank has 4 investors. Key investors include Incofin Investment Management, FMO, Volksvermogen, and Incofin cvso.
AraratBank operates through Araratbank Ojsc.
Yes. AraratBank publishes AraratMobile and 1 more app, with over 100,000 downloads.