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Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra “Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of Understanding Arman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos) 200 Scholarships for the Best Students. Ameriabank Announces a Contest for the Second Year in a Row Ameriabank Joins FinTech Armenia Association as a Founding Member Ameriabank at the Armenian Auto Show: Special Offers Exclusively for Expo Visitors I trust that you will always remain a true friend of Armenia. Arman Vardanyan held a meeting with the Ambassador of the Islamic Republic of Iran Thanks to Barerar.am, more than 50 families’ lives were transformed in just one year Ameriabank presents the First Digital Business Cards in Armenia “Puma” Uzbekistan at the center of scandal 

Three Armenian Entrepreneurs Featured in Forbes’ March Issue

World Press
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The March 2025 issue of Forbes Russia presents a ranking of major real estate owners, featuring two Armenian names. The list includes 30 top businessmen, among whom Samvel Karapetyan and David Amaryan have Armenian origins.

Samvel Karapetyan – President of Tashir Group

Ranked second on the list is Samvel Karapetyan, the president of Tashir Group. In 2024, his rental income alone grew by 7.3% compared to 2023, reaching $685 million. This figure represents only the revenue generated from leasing commercial and other types of real estate, not his total earnings. Karapetyan has been actively investing in real estate not only in Russia and Armenia but also across other former Soviet republics.

David Amaryan – Founder & CEO of Balchug Capital

The second Armenian entrepreneur featured in Forbes is David Amaryan, the founder of Balchug Capital. His rental income saw a 10% increase in 2024, amounting to $55 million. Amaryan’s Balchug Capital owns several business centers, as well as Metropolis, one of Moscow’s largest shopping and entertainment complexes. His company actively invests in real estate, developing large-scale commercial and retail projects.

Vruyr Penesyan – CEO of Business Partners of Armenia

The Forbes issue also highlights a major project led by businessman Vruyr Penesyan. According to the publication, Penesyan plans to introduce $2 billion worth of Armenian real estate in Moscow. In April, he is set to organize an exhibition at the Ararat Park Hyatt Moscow, showcasing Armenia’s finest new developments.

Additionally, a private business meeting will be arranged for Russia’s leading investors, where large-scale investment projects from Armenia will be presented. Penesyan emphasizes that the initiative aims to attract investments to Armenia, enhance the country’s real estate visibility on international platforms, and foster new business connections.

These insights confirm that Armenian-origin entrepreneurs continue to make significant real estate investments, both internationally and in Armenia, strengthening their presence in the industry.

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Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra“Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of Understanding Ameriabank’s Corporate Loan Portfolio Surpasses AMD 1 TrillionArman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos) 200 Scholarships for the Best Students. Ameriabank Announces a Contest for the Second Year in a RowPayments Directly from Bank Accounts: Ameriabank joins ArcaQRAmeriabank Joins FinTech Armenia Association as a Founding MemberAmeriabank at the Armenian Auto Show: Special Offers Exclusively for Expo VisitorsI trust that you will always remain a true friend of Armenia. Arman Vardanyan held a meeting with the Ambassador of the Islamic Republic of IranThanks to Barerar.am, more than 50 families’ lives were transformed in just one yearAmeriabank presents the First Digital Business Cards in Armenia Ameriabank Leads Mortgage Market with More Than 22% Share “Puma” Uzbekistan at the center of scandalUC Berkeley, Stanford, Visa Innovation Center and Much More: a Unique Opportunity for 10 Students from ArmeniaAmeriabank Joins UATE, Marking a Groundbreaking Partnership between the Financial and Technological SectorsAmeriabank Receives Euromoney Award for Excellence 2025 as the Best Bank in ArmeniaOnline Payments via ApplePay Now Available for vPOS Clients of Ameriabank The calculations of the United States and Israel turned out to be wrong. Armen AyvazyanAmeriabank's MyInvest Platform Gains Direct Access to AMXTrader Trading SystemInterview with Petr Pirunčík. Ambassador of the Czech Republic to Armenia (video) Watch Euromedia 24 TV’s 24-hour broadcast on Ucom channel 289 and OVIO (Rostelecom) channel 46. Ameriabank joins TOON EXPO to be held first time in Moscow Armenia to Host HIF Yerevan 2025 International Investment ForumIntellect, accuracy and luxury in one environment. Seven Visions Resort & Places, The Dvin will present the world's first Ai-Concierge service Mikael Vardanyan provided 3 neonatal emergency vehicles and the medical equipment amounting 118 million AMD to the Muratsan hospital complex.Musical fountains in the Yerevan 2800th Anniversary Park“My Ameria, My Family” – Lots of Benefits, Raffle of 300+ Gifts and Much More MyAmeria Star - Ameriabank presents a bank card and app for kids and teensThe Barerar.am website and app changed many lives in 6 months Three Armenian Entrepreneurs Featured in Forbes’ March Issue Ameriabank Announces the Winners of “My Armenia, My Future” Student ContestAmeriabank named Armenia’s Best Investment Bank for 2025 by Global FinanceAmeriabank secures €105 million loan from EIB Global to boost small and medium-sized businesses in Armenia Ameriabank Raises $200 Million from IFC, Marking the Largest Transaction by IFC ever with a Financial Institution in ArmeniaRedefining Luxury with AI Innovation: Exclusive Interview with Mr. Aghvan Avagyan, CEO of Seven Visions Resort & Places, The DvinAmeriabank Launches EventHub.am: a Streamlined and User-Friendly Ticketing Solution4 border villages of Tavush have been gasified and in 3 villages drinking water supply system has been installed thanks to financing of 120 million drams from benefactor Mikayel VardanyanAmeriabank named the Bank of the Year 2024 in Armenia by The Banker MagazineAmeriabank Named Armenia’s Best Bank for Real Estate by EuromoneyThanks to Karen Vardanyan's support of 119 million, two military sports colleges have been furnished with modern sports equipment and busesBusinessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis communityRay Brown Jr. Yerevan More than 70 percent of referendum participants supported construction of nuclear power plant in KazakhstanSeparate meeting of Foreign Ministers of Armenia and Azerbaijan is not planned: Armenia's Foreign MinistryRussia and Ukraine continue to strike each other's territoriesArmenia MFA spox: Peace treaty with Azerbaijan will gain higher legal force than any internal law after it’s signed A new concept for passwords: Why random character sets are no longer considered good passwordsThere is no territorial claim against any country in text of Armenia's Constitution: Spokesperson of Foreign Ministry counters accusations coming from Baku
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Most Popular
1 Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra
2 Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row
1 “Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.”
2 Arman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos)
3 Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of Understanding
4 Ameriabank’s Corporate Loan Portfolio Surpasses AMD 1 Trillion
5 Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra
6 Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row
1 “Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.”
2 Arman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos)
3 Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of Understanding
4 Ameriabank’s Corporate Loan Portfolio Surpasses AMD 1 Trillion
5 Thanks to 129 million drams of donation from Karen Vardanyan, 17 new musical instruments were provided to the Armenian National Philharmonic Orchestra
6 200 Scholarships for the Best Students. Ameriabank Announces a Contest for the Second Year in a Row
7 Euromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row