The achievement speaks to a
long-standing and highly effective partnership, as well as AraratBank's
consistently strong and leading position in the country's financial sector.
The award highlights AraratBank’s
pivotal role in developing the RIA Money Transfer network across Armenia: building
a resilient, long-term partnership, driving joint projects and marketing
initiatives, and delivering exceptional transactional volumes and performance results
year after year.
AraratBank was the first financial
institution to introduce and develop RIA Money Transfer services in Armenia
back in 2012. Since then, two institutions have been successfully collaborating
on numerous initiatives — launching new services and running creative campaigns.
As part of their 2025 collaboration, AraratBank
and RIA Money Transfer jointly launched the “Leading Employee” initiative, through
which 15 Bank employees were recognized and awarded for their outstanding
contributions. The year also saw the introduction of the RIA Money Bank deposit
account top-up service, further expanding the range of options available to
customers.
Commenting on the collaboration, the
RIA Money Transfer team stated: “AraratBank
remains a reliable and dedicated partner with whom we have confidently moved
toward our shared goals for many years. The Bank’s commitment, professionalism,
and unwavering support have played a vital role in achieving results that we
can all be proud of. We highly appreciate the positive impact we have jointly achieved
in Armenia.”
About
RIA Money Transfer
RIA Money Transfer is a global money
transfer network operating in over 160 countries, providing fast, reliable, and
accessible money transfer services. Its primary users are individuals aged 18
and over who wish to support relatives living abroad through money transfers or
receive assistance from family members abroad for education or daily expenses.
AraratBank is regulated by the Central
Bank of Armenia.
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