Prometey Bank

Prometey Bank
LLC
Industry Banking, Financial services
Founded 1990, Yerevan, Armenia
Founder Simon Gevorgyan
Headquarters Yerevan, Armenia
Area served
Armenia
Key people
Emil Soghomonyan (Chairman of the Management Board)[1]
Services Credit cards, Time deposits, retail banking, commercial bank, mortgage loans
Owners
  • Prometey City LLC (49.975%)
  • Zakneftegazstroy Prometey OJSC (46.125%)
  • Vazgen Simon Gevorgyan (3.%)
Website Prometey Bank

Prometey Bank is an Armenian commercial bank, which is headquartered in Yerevan. It was founded in 1990 by Simon Gevorgyan.

The bank is jointly owned by Prometey City LLC, Zakneftegazstroy Prometey OJSC аnd Vazgen Simon Gevorgyan.[2]
Prometey Bank is a multi-profile financial institution with no specific financial service concentration.

Branches[3]

Yerevan, Armenia

Abovyan, Armenia

Gyumri, Armenia

Vanadzor, Armenia

Brief Chronology

1990: The Bank was founded as “Prometheus” commercial bank. At that time it was operating on 19 Hrachya Kochar Street, Yerevan.
1993: The Bank received a general license No 27 from the CBA.
2001: The bank was renamed into “Prometey Bank” LLC. It moved to another newly constructed building at 44/2 Hanrapetutyan Street, Yerevan.
2007: The bank received licenses for brokerage (dealer) professional operations, custody and trust management of securities in the Armenian securities market.
2008: The Bank issued its own bonds which were privately placed.
2011: The charter capital of Prometey Bank reached AMD 14.4 billion.
2011: “Global Finance” reputable business magazine selected Prometey Bank as one of the World’s Best Sub-Custodian Banks in 2011 and the “Best Sub-Custodian Bank” of Armenia. This ranking was re-awarded in 2012.
2012: A co-branded card project with "IDram" company (the first issuer of e-money in Armenia) and "MasterCard” international reputable payment system was launched.
2013: The Bank implemented "Prometey Progress" students' professional training program.
2013: A project was launched with World Wide Fund for Nature Armenian Branch (WWF), the Ministry of Nature Protection of RA and Orange Armenia, to reintroduce the Caucasian Red Deer in Armenia.[4]

References

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