{"id":7001,"date":"2017-07-17T13:29:22","date_gmt":"2017-07-17T13:29:22","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7001"},"modified":"2018-08-14T10:16:06","modified_gmt":"2018-08-14T10:16:06","slug":"araratbank-to-become-a-classic-digital-and-investment-bank-by-2020","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/araratbank-to-become-a-classic-digital-and-investment-bank-by-2020\/","title":{"rendered":"Araratbank to become a classic, digital and investment bank by 2020"},"content":{"rendered":"<p>Ashot Osipyan, CEO of Araratbank, announced his bank\u2019s NewBank strategic development program which will transform the bank into a classic, digital and investment bank.<\/p>\n<ul>\n<li>Within the classic commercial bank structure model, the bank intends to review its structure and work to improve the efficiency of banking products, branches and financial transactions.<\/li>\n<li>In order to transform into a digital bank, Araratbank intends to stimulate digital services such as internet, mobile and telephone banking as well as increase the number of payment terminals and introduce virtual and electronic branches, UBER applications and NET-SPEND, among others.<\/li>\n<\/ul>\n<p>By positioning itself as an investment bank, Araratbank will provide IPO and bond placement services as well as asset management, legal assistance and M&amp;A transactions.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7001 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Accelerating digital transformation in the ASEAN region'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/accelerating-digital-transformation-in-the-asean-region\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/07\/3dc4e0ae-304a-404b-a819-2d02095c56881-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-15160\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15160'>\n\t\t\t\tAccelerating digital transformation in the ASEAN region\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='President signs restrictions for online loans'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/president-signs-restrictions-for-online-loans\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/01\/filmstrip-regulation-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-6925\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6925'>\n\t\t\t\tPresident signs restrictions for online loans\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Payments via instant messengers to be allowed in the U.K.'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/payments-via-instant-messengers-to-be-allowed-in-the-u-k\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8554\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/paying-throught-mobile-phone_1212-438.jpg 626w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8554'>\n\t\t\t\tPayments via instant messengers to be allowed in the U.K.\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Ashot Osipyan, CEO of Araratbank, announced his bank\u2019s NewBank strategic development program which will transform the bank into a classic, digital and investment bank. Within the classic commercial bank structure model, the bank intends to review its structure and work to improve the efficiency of banking products, branches and financial transactions. In order to transform &hellip;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,10],"tags":[35,49,70],"class_list":["post-7001","post","type-post","status-publish","format-standard","","category-armenia-fintech","category-fintech","tag-digital-banking","tag-digital-transformation","tag-payments","bulletin_edition-fintech-july-2017","b_post_type-regional-fintech-news"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7001"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7001\/revisions"}],"predecessor-version":[{"id":7003,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7001\/revisions\/7003"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}