Apricot Capital, a leading investment firm in Armenia, is summarizing the successful year of 2024, which was marked by significant growth, industry recognition, and a commitment to developing financial literacy and innovation.
Some of the key highlights for the year 2024 include:
Company Growth
Apricot Capital celebrated its second anniversary and marked significant growth, becoming the leading Armenian investment company by total equity in the third quarter of 2024. The client base of both retail and institutional clients grew substantially, and Apricot Capital made it to the list of Armenia’s largest taxpayers, further solidifying its leading position. As the company expanded, its team did too. The team size grew by 35%. This year, Apricot Capital DIFC Limited also began its operations in the Dubai International Financial Center.
Industry events
The firm actively participated in key industry events, including the Doing Digital Forum 2024, ConFEAS2024, and DigiTec 2024. As an invited speaker, Apricot Capital’s Executive Director, Vachik Gevorgyan, along with other industry leaders, shared his expertise on the future of finance and digital investments at these events.
Apricot Academy
As part of its commitment to shaping a responsible investment culture in Armenia, Apricot Capital launched the “Apricot Academy” initiative, which provides free educational resources on investments. This includes Apricot Talks: The Smart Investor’s Podcast, the demo account option, a comprehensive glossary, and a Q&A series. These high-quality resources quickly gained popularity, becoming an important component of investor education in Armenia. The company also launched the “Investment Ambassador” referral program for its clients.
Academic Collaborations and Corporate Social Responsibility
In addition to the existing collaboration with Yerevan State University (YSU) and the Armenian State University of Economics (ASUE), Apricot Capital signed a new partnership with the French University in Armenia (UFAR). These collaborations facilitated internships, guest lectures by Apricot Capital’s top experts, and interactive masterclasses on investment topics. These efforts aimed to enhance financial literacy and promote responsible investing among students.
Apricot Capital also demonstrated its commitment to social responsibility through a range of initiatives. The company renovated a classroom at the Armenian State University of Economics (ASUE) and equipped it with modern technology. Additionally, Apricot Capital supported various cultural, humanitarian, and educational projects through the Amaryan Charitable Foundation, co-founded by Apricot Capital’s founder, Vardan Amaryan, and his brother, David Amaryan.
“Investor’s Brief” with NEWS.am
In collaboration with NEWS.am, Apricot Capital launched the “Investor’s Brief,” a weekly program featuring news and insights on global financial markets, allowing passive investors to easily follow the market news.
Awards
Apricot Capital’s commitment to innovation was recognized with the “Excellence in Investment App” award at the Doing Digital Awards 2024.
“We are proud of our achievements this year and remain dedicated to providing investment opportunities for our compatriots with competitive commissions while also educating them on responsible investing,” said Apricot Capital’s Executive Director, Vachik Gevorgyan.
Apricot Capital is regulated by the Central Bank of Armenia.
According to the terms of the memorandum, Apricot Capital will support the enhancement of university facilities, including auditorium renovations and technical upgrades. The renovation of one such auditorium has already started.
The conference delved into pertinent issues, challenges, and opportunities within the realm of electronic trading through presentations and panel discussions.
Apricot Capital was the general investment ppartner of the conference.
This page was last updated 19.12.2024 14:57
