YEREVAN, June 8, /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.

“The pandemic accelerated the pace of digitization for Sub-custodians and these banks continue to adapt in order to provide top-notch securities services to their global clients,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance.

Reference.  Global Finance magazine has been published since 1987 and is currently distributed in over 180 countries, with a total circulation of over 50,000. The magazine's target audience consists of managers and executives of the world's largest private and public financial institutions. The magazine analyzes the key financial indicators of more than 192 countries. -0-