The Central Bank of Armenia and Central Depository of Armenia ojsc, launched a new business model of depository operations in Armenia, aligned with the best international standards, ensuring higher level of safety and efficiency of operations. This reform is first of all aimed at improving services provided to companies and shareholders, as well as increasing efficiency of execution and protection of their rights.

Within the new model, CDA will be capable to ensure centralized registry keeping, securiites custody as well as clearing and settlement of stock exchange transactions through introduction of specialized software solution and enhanced hardware and security facilities. Registry keeping and securities custody services are provided to customers via account operators - investment companies and banks, which signed the relevant agreement with the CDA.

To become an account operator a company needs to conclude a contract with the CDA, comply with minimum technical requirments and the CDA Rules.   

Currently the following companies act as Account operators:

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EVOCABANK

Short name "EVOCABANK" CJSC
Full name "EVOCABANK" Closed Joint Stock Company
Legal form CJSC
Address 44/2 Hanrapetutyan str., Yerevan 0010, RA
Phone (+374 10) 60-55-55
Fax (+374 10) 56-03-32
Web-site www.evocabank.am
E-mail info@evocabank.am
CEO position Chairman of the Board
CEO full name Emil Soghomonyan
Tariffs pdf (in Armenian)

* Account operator with limited authorities

** Doesn't offer registry keeping services

Updated as of: 09.11.2017