OREANDA-NEWS. August 09, 2011. Pursuant to the Resolution N1/827 A, passed by the CBA Chairman on July 27, RA Central Bank has registered SHENGAVIT-1 branch executing limited financial operations located at 90/10 Araratyan, reported the press-centre of ARARATBANK.

At present 34 branches of ARARATBANK are operating in Yerevan and regions of Armenia. 8 of these branches were established in 2010.

Expansion of the branch network is aimed at ensuring the rising demand for high-quality banking services among population and economic entities.