AraratBank Earns RIA Money Transfer’s Partner of the Year in Armenia for the Seventh Consecutive Year
AraratBank has been named RIA Money Transfer’s Partner of the Year in Armenia for 2025 — the seventh consecutive year the Bank has earned this recognition. The achievement speaks to a long-standing and highly effective partnership, as well as AraratBank’s consistently strong and leading position in the country’s financial sector.
The award highlights AraratBank’s pivotal role in developing the RIA Money Transfer network across Armenia: building a resilient, long-term partnership, driving joint projects and marketing initiatives, and delivering exceptional transactional volumes and performance results year after year.
AraratBank was the first financial institution to introduce and develop RIA Money Transfer services in Armenia back in 2012. Since then, two institutions have been successfully collaborating on numerous initiatives — launching new services and running creative campaigns.
As part of their 2025 collaboration, AraratBank and RIA Money Transfer jointly launched the “Leading Employee” initiative, through which 15 Bank employees were recognized and awarded for their outstanding contributions. The year also saw the introduction of the RIA Money Bank deposit account top-up service, further expanding the range of options available to customers.
Commenting on the collaboration, the RIA Money Transfer team stated: “AraratBank remains a reliable and dedicated partner with whom we have confidently moved toward our shared goals for many years. The Bank’s commitment, professionalism, and unwavering support have played a vital role in achieving results that we can all be proud of. We highly appreciate the positive impact we have jointly achieved in Armenia.”
RIA Money Transfer is a global money transfer network operating in over 160 countries, providing fast, reliable, and accessible money transfer services. Its primary users are individuals aged 18 and over who wish to support relatives living abroad through money transfers or receive assistance from family members abroad for education or daily expenses.
AraratBank is regulated by the Central Bank of Armenia.