Thursday, October 10 2019 16:39
Karine Melikyan

Executive Director of Armswissbank Gevorg Machanyan received the  honorary title  "Friend of Echmiadzin"

Executive Director of Armswissbank Gevorg Machanyan received the  honorary title  "Friend of Echmiadzin"

ArmInfo.At the 2704th anniversary of the Etchmiadzin, a ceremonial meeting in the Palace of Culture named after Komitas, held on October 8 this year, Executive  Director of Armswissbank Gevorg Machanyan received the honorary title  "Friend of Echmiadzin" for his constant and significant support to  the city. ArmInfo was informed about this in the press service of the  bank.

G. Machanyan, thanking the city authorities for the attention paid to  him, noted: "Being a native of Etchmiadzin, I am always proud of this  fact and sincerely wish that the serious and positive changes taking  place in Etchmiadzin be continuous. For all my activity I have become  a witness the fact that Etchmiadzin is a city with very serious  industrial, agricultural and cultural potential. "

He assured that within his capabilities he was ready to further  promote the city's initiatives aimed at developing the spiritual,  cultural and economic life of the city.

It should be noted that Gevorg Machanyan has been the Executive  Director of Armswissbank since bank's founding on October 7, 2004.  Prior to this, G. Machanyan has been the Central Bank's chief  auditor, head of the internal audit group.

To recall, as of July 1, 2019, the HVS Holding LLC, managed by Vartan  Sirmakes owns 100% of Armswissbank's shares. while Vartan Sirmakes is  an indirect shareholder. It is worth noting that Armswissbank is a  member of a number of international lending programs, including those  related to renewable energy and financing of energy-efficient  projects.

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