# Evocabank

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{{Short description|Armenian commercial bank}}
{{Multiple issues|
{{notability|Companies|date=May 2022}}
{{Cleanup-PR|1=article|date=October 2022}}
}}
{{Infobox company
| name = EVOCABANK
| type = [Opened joint-stock company](/source/Opened_joint-stock_company)
| logo = 250px
| image = File:Evocabank Head office.jpg
| image_size = 300px
| image_caption = Evocabank's headquarters in [Yerevan](/source/Yerevan), Armenia.
| foundation = {{start date and age |1990}}, [Yerevan](/source/Yerevan), [Armenia](/source/Armenia)
| key_people = Karen Yeghiazaryan <small>(Chairman of the Management Board)</small><ref>{{cite web|url=https://www.evocabank.am/en/about/bank-management.html|title=Bank management|website=evoca.am|accessdate=30 September 2019}}</ref>
| location_city = 35px   [Yerevan](/source/Yerevan)
| location_country = [Armenia](/source/Armenia)
| industry = [Bank](/source/Bank)ing, [Financial services](/source/Financial_services)
| services = [Credit card](/source/Credit_card)s, [Time deposit](/source/Time_deposit)s, [retail banking](/source/retail_banking), [commercial bank](/source/commercial_bank), [mortgage loan](/source/mortgage_loan)s
| owner = {{ubl |Mareta Gevorkyan (100%) | }}
| num_employees = 530
| num_employees_year = 2025
| homepage = {{url |https://www.evoca.am/ }}
}}
'''Evocabank''' is an [Armenia](/source/Armenia)n [commercial bank](/source/commercial_bank) with headquarters in [Yerevan](/source/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.<ref>{{cite web|url=https://www.evocabank.am/en/about/general-information.html|title=General information|website=Evocabank.am|accessdate=30 September 2019}}</ref>

==History==
thumb|250px|Head office of Evocabank

*'''''1990:''''' The bank was founded.<ref>{{Cite web |title=Evocabank |url=https://banks.am/en/banks/Evocabank |access-date=2024-04-10 |website=Banks.am |language=en}}</ref>
*'''''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](/source/Bond_(finance)) which were [privately placed](/source/Private_placement).
*'''''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.{{citation needed|date=May 2021}}
*'''''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](/source/HayPost) on delivering fintech services. 
*'''''2024:''''' Evocabank acquired new international partners, including EIB Global, IFC, Al Fardan Exchange.{{cn|date=February 2025}}
*'''''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 ==
250px|thumb|Evocabank HQ.

'''Yerevan, Armenia'''
* "Head office": 44/2 Hanrapetutyan
* "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](/source/Liberty_Avenue%2C_Yerevan)
* "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](/source/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.

==See also==
{{Portal|Banks|Money}}
*[Economy of Armenia](/source/Economy_of_Armenia)
*[List of banks in Armenia](/source/List_of_banks_in_Armenia)

==References==
{{Reflist}}

Category:Banks of Armenia
Category:Yerevan
Category:Banks established in 1990
Category:1990 establishments in Armenia
Category:Armenian companies established in the 1990s
Category:Companies established in 1990

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Adapted from the Wikipedia article [Evocabank](https://en.wikipedia.org/wiki/Evocabank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Evocabank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.