Tigran Galstyan

Director Of Operational Department at AraratBank OJSC

Tigran Galstyan has accumulated extensive experience in the banking and finance sector since 1997. Currently serving as the Director of the Operational Department and Chief Accountant - CFO at AraratBank OJSC since 2009, Tigran is responsible for overseeing bookkeeping, ensuring compliance with accounting policies, and preparing financial statements. Prior to this role, Tigran held positions at Areximbank-Gazprombank Group as Deputy CEO - Financial Director, managing accounting and budgeting systems, and at Tufenkian Hospitality as Chief Accountant, where accounting practices were organized per GAAP. Early career experiences include positions at Grant Thornton Armenia as Team Leader, overseeing financial analysis and audits, and at ARMECONOMBANK OJSC as Head of Supervision of Branches. Tigran began professional development at the Central Bank of Armenia as an Internal Auditor. Tigran holds a Master's degree in Economics from Yerevan State Institute of National Economy.

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AraratBank OJSC

Welcome to AraratBank OJSC official Linkedin page. AraratBank OJSC is a dynamically growing financial institution providing a universal package of banking services corresponding to international standards. The bank cooperates with 14 reputable international financial institutions, including European Bank for Reconstruction and Development (EBRD), Kreditanstalt Für Wiederaufbau (KfW), Dutch development bank (FMO), Opec Fund for International Development (OFID), European Fund for Southeast Europe (EFSE), ResponsAbility Global Microfinance etc. The bank is one of the most active participants in the securities market. It issued corporate bonds ten times in 2007, 2008, 2009, 2011, 2012, 2013, 2014 and 2015, listed on the RA Stock Exchange. In 2015 the bank issued corporate bonds two times – 1) 80 thousand nominal, non-documentary, coupon bonds in the total volume of USD 2 million, at 25 USD face value, 7.25% annual yield, 36-month maturity and quarterly coupon redemption and 2) 80 thousand nominal, non-documentary, coupon bonds in the total volume of USD 2 million, at 25 USD face value, 7% annual yield, 24-month maturity and quarterly coupon redemption. AraratBank is a participant of the SWIFT international payment system. It carries out fast international remittances through Money Gram, Anelik, Xpress Money, Ria Money Transfers, Intel Express, Sigue and Converse Transfer systems.


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Headquarters

Yerevan, Armenia

Employees

501-1,000

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