AraratBank Honored With Business Growth Achievement Award by Ria Money Transfer System

For the fifth year running, AraratBank has been honored with the Ria Money Transfer system award, winning one Best Bank in Armenia award and three consecutive Partner of the Year awards.

This year, AraratBank received Business Growth Achievement Award in light of the continuing and steady increase in volumes and numbers of transactions since 2012. The Bank, which maintains four fast money transfer systems, has a 11.96 percent share in the RA fast money transfer market for 2023.

The award has been granted based on a number of factors, such as the volume and number of transactions, quality of service, compliance with MLTF requirements.
It should be noted that the geographic coverage of the Ria Money Transfer system extends to more than 160 countries.