Startups presented successful experience of digital transformation of Acba Bank

YEREVAN, July 24. /ARKA/. One of the most anticipated events in the tech community of Armenia - Sevan Startup Summit, once again brought together startups, innovators, investors, mentors and tech specialists to communicate in a formal and informal setting and establish new business connections.

As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience of digital transformation of Acba Bank.

“We shared with young startups the experience of digital transformation of the bank and all the challenges that we have faced since 2017, when we launched the bank's digital transformation program. Of course, many lessons were learned that can be very useful for young startups so that they do not repeat the same mistakes. This experience will help startups to succeed and become large organizations. Of course, digital transformation of business is an ongoing process, and it is necessary to build a viable business model that is ready for adaptation, development and evolution in order to withstand technological waves and develop, achieve new successes,” Simonyan noted.

Acba Bank is also the main partner of the Sevan Agritech Summit, which is held within the framework of the Sevan Startup Summit.

More details in the video:

The bank is under the supervision of the Central Bank of Armenia.