Evocabank and Al Fardan Exchange, UAE signed a cooperation agreement

Evocabank is proud to announce a significant milestone in its partnership with Al Fardan Exchange. Today, both organizations signed an agreement to introduce a cutting-edge remittance service aimed at enhancing financial connectivity between Armenia and the UAE.

This partnership reflects the shared vision of both institutions to provide faster, safer, and more efficient cross-border financial solutions. The new remittance service is designed to cater to the growing trade and financial activities between Armenia and the UAE, offering customers seamless access to reliable and transparent payment options.

Karen Yeghiazaryan, Chairman of the Management Board of Evocabank, said: "At Evocabank, we are dedicated to providing our customers with innovative financial solutions that meet their evolving needs. This enhanced partnership with Al Fardan Exchange allows us to expand our remittance services, ensuring that customers can send and receive funds quickly and securely between Armenia and the UAE. As the economic ties between our nations continue to grow, this collaboration represents a key step in offering world-class financial services to contribute to the prosperity of both countries."

Hasan Fardan Al Fardan, CEO at Al Fardan Exchange, also shared his thoughts on the partnership: "Our partnership with Evocabank reflects our commitment to delivering secure and seamless financial solutions that strengthen connections across borders. By facilitating faster, more affordable, and transparent remittance services between the UAE and Armenia, we are enhancing financial accessibility and fostering closer ties between the two nations. Leveraging Evocabank’s established presence in Armenia and our expertise in cross-border transactions, this collaboration offers families and businesses reliable, innovative, and efficient payment solutions. Together, we aim to simplify and elevate the remittance experience for our customers.”