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International Business Times
International Business Times
Business
William Jones

Banking on the Unbanked: Vazgen Gevorkyan's View of Financial Inclusion as Strategy

For decades, banking was built around the privileged few. Traditional financial systems rewarded scale and stability, but they left most people underserved. In many markets, the unbanked weren't just overlooked; they were excluded entirely.

Vazgen Gevorkyan saw this gap differently. To him, financial inclusion was not a charitable act, but a competitive edge. His work in transforming Armenia's Evocabank was grounded in a simple question: what if banks became the cornerstone of access, not exclusion?

Armenian industrialist Vazgen Gevorkyan views financial inclusion as an economic imperative.
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