YEREVAN, October 12, /ARKA/. AraratBank has been named the Best Sub-Custodian Bank in Armenia by the professional team of Global Finance renowned magazine.

The criteria applied by the professional team of Global Finance included, among others, customer service quality, competitive pricing, technology platforms, business continuity, knowledge of local markets, regulations and practices.

Please be reminded that AraratBank provides securities custody and registry keeping services both at the head office and branches, as well as mediates the services provided by the Central Depository of Armenia.

Information: Global Finance Magazine has been released since 1987 and has over 50,000 subscribers in 180 countries. Global Finance’s target audience includes directors and representatives of the world’s largest private and public financial institutions. The magazine analyses important financial indicators of more than 192 countries. -0-