Apricot Capital organized a course aimed at improving financial literacy and promoting an investment culture in Armenia, with a particular focus on mass media representatives. While stock market investing is common worldwide, it is relatively underdeveloped in Armenia due to a lack of awareness.
According to Vachik Gevorgyan, Executive Director of Apricot Capital, the involvement of mass media is crucial in raising awareness about the stock market․
“One of Apricot Capital’s goals is to make investment tools accessible. That’s why we introduced a platform for individuals to invest independently and manage their savings effectively. In this context, the role of mass media is vital. Hence, we initiated this training to share valuable information and engage with journalists to understand how we can work together to achieve our goals”, he added.
During the course, Vachik Gevorgyan discussed Armenia’s position in the investment landscape, leading investment markets, countries, companies, the fintech sector, and digital transformation trends, highlighting their impact on investments.
Tatevik Karapetyan, Apricot Capital’s account manager, addressed common investment myths, risks, opportunities, and personal money management for competent investment decisions.
Ruzanna Kirakosyan, Product Manager at Apricot Capital, introduced the “Apricot Capital” mobile application and its functionality. She explained the concept of margin trading, emphasizing the advantages of margin trading and the importance of media literacy in accessing reliable information about the financial sector.
Participants in the training had the opportunity to use a demo user account in the Apricot Capital application, allowing them to gain practical experience, purchase securities, and stay updated with market news.
Journalists asked questions about the investment industryto the speakers.
Vachik Gevorgyan, Executive Director of Apricot Capital, announced that similar meetings would be held regularly to attract a broader audience and specialists, ensuring ongoing discussions about the sector and international trends.
The training concluded with a quiz for media representatives to test their knowledge, and they received surprise gifts.
Vardan Amaryan, Founder of Apricot Capital talked to Banks.am about about the history of the company's creation, the investment culture in Armenia, and business development prospects in the digital transformation era.
The Armenian-licensed investment company Apricot Capital, henceforth makes investments and margin trading accessible with its new mobile application, contributing to managing clients' financial resources effectively.
A key goal of the association is to facilitate the adoption of contemporary innovative solutions, introduce new financial tools and mechanisms, and elevate Armenia's financial market to a higher qualitative standard.
This page was last updated 28.10.2023 07:00
