https://www.mbconsulting.am/insights-3 daily 0.75 2021-03-22 https://www.mbconsulting.am/insights-3/blog-post-title-one-zjkar monthly 0.5 2021-03-15 https://www.mbconsulting.am/insights-3/blog-post-title-two-4zhfg monthly 0.5 2021-03-15 https://www.mbconsulting.am/areas-of-practice daily 0.75 2023-01-15 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1612467554246-Z1BG2S9B7TWC0P1PG8X0/image-asset.jpeg Practice Areas Technology Sector https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1612469992929-9QZNYH089PGPYQXNCG2T/image-asset.jpeg Practice Areas Consumer Products https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616670966762-OZ7JGLOAD0U8KWBM9BNA/unsplash-image-MgbQCd1skzE.jpg Practice Areas Telecommunications https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1612469169189-NI92ALX6HRNGMI17QUV7/image-asset.jpeg Practice Areas Transportation & Logistics https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616669919154-TNZNI1C7ZVNCRWAVR1JH/image.jpg Practice Areas Public Sector https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616670147655-ZBKN1DUGG70J0REA58T6/unsplash-image-Wv2U24G2F78.jpg Practice Areas Construction https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1612469010371-SH3AO4664FLJ7N92M4NI/image-asset.jpeg Practice Areas Financial Services & Capital Markets https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1592577141816-TZRGX0YRYET163134YI3/image-asset.jpeg Practice Areas Agriculture https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616669985053-JXOR9DWGC0O3A8LT7OH7/image.jpg Practice Areas Energy https://www.mbconsulting.am/civil-aviation-committee-restructuring daily 0.75 2021-03-05 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1592655531476-1NRQ9VKEVPW2EA2YA4IO/image-asset.jpeg Civil Aviation Committee Restructuring https://www.mbconsulting.am/contact-us daily 0.75 2020-08-11 https://www.mbconsulting.am/corporate-finance daily 0.75 2021-04-27 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1619525853326-JDU3AOSCI70LN4DDXCSF/unsplash-image-61pYLHurVKE.jpg Corporate Finance - We help clients understand, drive and grow value of the business, assets, idea, conduct effective deals and adopt risk-weighted financial planning. Business, Business Interest & Intangible Asset Valuations Project Appraisal & Finance M&A, Financial Due Diligence & Transaction Support Capital Markets Financial Planning & Budgeting Debt Management Financial Modeling CFO Outsourcing https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1596630828223-FBFOAB9OY89ZH9XGZGST/image-asset.jpeg Corporate Finance - Valuations Valuations for Transactions Valuations for Disputes Valuations for Financial Reporting Valuations for Employee Stock Option Plan https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1596630936178-FBYKL5SQPZDCPIA80UM0/image-asset.jpeg Corporate Finance - Transactions Financial Due Diligence Transaction Support Mergers & Acquisitions Capital Markets Start-up & Tech Deals https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616439600636-V90WCEGFX0LTR8ZBEGXD/image.jpg Corporate Finance - Project Finance Financial Appraisal Economic Appraisal Feasibility Study Project Finance Solutions PPP Scheme Advisory https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1596632383625-USFD26TVT5TH5N4RJFV9/image-asset.jpeg Corporate Finance - Financial Planning Strategic Financial Planning Capital Budgeting Debt Management CFO Outsourcing Financial Modelling https://www.mbconsulting.am/business-consulting-1 daily 0.75 2021-08-16 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1594238067165-NINWKSIW6ZVICK8Q0OKK/shutterstock_574544962.jpg Strategy - We help clients to seek and adopt innovative strategies and growth path for their business that ensures real-world business success. Corporate Strategy Strategic Business Planning Marketing Strategy Start-up Growth Advisory HR & Talent Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616356179908-CG8RNP9J7ON4H5YNUNHK/unsplash-image-Ctaj_HCqW84.jpg Strategy - Corporate Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616353779397-ZBR5AZQJ584YK2382V03/unsplash-image-36Aai16fubc.jpg Strategy - Marketing Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616353654685-KP9JW5TJ8YPBA3R242UW/unsplash-image-o2305170alM.jpg Strategy - Strategic Business Planning https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616353518035-61C4L0N5RN8OJNLRHHB6/unsplash-image--gjHizUfFlM.jpg Strategy - Start-up Growth Advisory https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616353887853-PVSJYLGOBOG8DLGI9HP6/unsplash-image-y5qC6eQiXSU.jpg Strategy - HR & Talent Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1597770321637-X92HCW6LGAQE1MOUCHDM/image-asset.jpeg Strategy - We are committed to provide clients tailored solutions for the transformation with the latest technology, innovation and agility, at the same time capitalizing on the legacy systems. Digital Strategy Technology Adoption Advisory Cyber Strategy https://www.mbconsulting.am/our-team-4 daily 0.75 2026-02-03 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1658819077387-U54VC3NSLXGRCFQ9KLX5/ZET_3018_Edited.jpg Our Team Davit Manukyan, PhD, CFA, ASA, PMP Managing Partner | Corporate Finance & Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1658819418320-NTNW5E8BJA7WAOBXZ8S6/ZET_3183_Edited_Small.jpg Our Team Aram Kayfajyan, PhD Partner | Capital Markets, Transactions & Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/d831bb9d-4e43-4e5d-af3f-75e391586d76/ZET_1917_Edited_LowRes.jpg Our Team - Make it stand out Vahan Hovsepyan, MBA, CFA Manager | Corporate Finance & Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617796054115-KS2O8MEGORUZ1Z24X555/ZET_3771_Edited_Croped.jpg Our Team Evelina Khachatryan, MIS Team Lead | Digital Transformation & Technology https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1658498056076-74YE0ZYOEU154KUC5G2U/ZET_3713_Edited_Croped.jpg Our Team Sona Hovhannisyan, MBA Senior Consultant | Markets & Growth Advisory https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/e9d98370-2c15-4d44-bca7-d09bdb4b092a/ZET_1991_Edited_LowRes.jpg Our Team - Make it stand out Artur Khosrovyan, MBA Consultant | Corporate Finance & Strategy https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/dc9d3ede-12e4-42ba-b054-f9148b48587e/ZET_1949_Edited_LowRes.jpg Our Team Araksia Milek Senior Consultant | Corporate Finance & Strategy https://www.mbconsulting.am/intellectual-property-armenia daily 0.75 2021-03-05 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1614934189054-WEOBUHG79MWFFNIYSGBL/pexels-pixabay-355948.jpg Intellectual Property Armenia https://www.mbconsulting.am/pagedm daily 0.75 2025-05-24 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617652043887-6FIDPBQ7VJWE22ACSWD1/ZET_3018_Edited.jpg DM https://www.mbconsulting.am/pageak daily 0.75 2025-05-24 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617796272935-UKDGV9TJSMZZAZPC5K5Z/ZET_3183_Edited_Small.jpg AK https://www.mbconsulting.am/sh1 daily 0.75 2025-05-24 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617796326757-OHROT111CI3B45OM9CQK/ZET_3713_Edited_Croped.jpg SH1 https://www.mbconsulting.am/armenbrok daily 0.75 2025-05-24 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/7bec830c-f3ff-483b-8a5f-a99daafbfee5/Armbrok+logo.png Armenbrok https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615662877455-V7NQ1VN39CVYJQN03PIR/unsplash-image-M_7gaxrDBFo.jpg Armenbrok - We are pleased to announce that MB Consulting and Armbrok Investment Company have entered into a strategic partnership, combining MB’s in-depth corporate finance, business consulting and legal advisory capabilities with Armbrok’s world class capital market expertise and investment solutions. We are pleased to announce that MB Consulting and Armenbrok Investment Company have entered into a strategic partnership, combining MB’s in-depth corporate finance, business consulting and legal advisory capabilities with Armenbrok’s world class capital market expertise and investment solutions. https://www.mbconsulting.am/home-1-1 daily 1.0 2026-02-26 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/b7dee8ba-3e4b-4c98-89bc-c07ccc361ecd/cover.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617544149639-8UMB39027IU9AN9DM1XD/unsplash-image-aCniNTiIFd8.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615670250121-U4KF3L492X0ALA0R0VZ4/unsplash-image-M_7gaxrDBFo.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615726238326-9KUZMYICDCYF31M46RZV/unsplash-image-2EJCSULRwC8.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615726283283-N4ZSAT1B0M1OKBJTWWET/unsplash-image-CkZF0-etxU8.jpg https://www.mbconsulting.am/about-mb daily 0.75 2023-01-15 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615558764632-DY4UDM9F40AMUKAM47F6/unsplash-image-dcL8ESbsGis.jpg About MB - Multiply Your Success. MB Consulting is a consulting firm specializing in top quality corporate finance and strategy consulting services. https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615559124925-2PVR5VLJ5FRVU91TP9GM/unsplash-image-SYTO3xs06fU.jpg About MB Who we are ? Highly motivated result-driven team of experienced consultants with proven track record and deep industry expertise. What we do ? We help clients to achieve success in their business and organizational objectives harnessing expertise, insights and knowledge. How we work ? We focus on understanding client needs and objectives, and providing tailored solutions that lead to client’s success. https://www.mbconsulting.am/uate daily 0.75 2021-03-14 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615726888109-3AV4ZKMU7DQ4Y25E6YH5/UATE_Logo_Eng.png UATE https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615726238326-9KUZMYICDCYF31M46RZV/unsplash-image-2EJCSULRwC8.jpg UATE - The UATE is a non-government, non-for-profit entity of IT and High-Tech companies, multinational corporations, organizations and institutions operating in Armenia. https://www.mbconsulting.am/import daily 0.75 2021-03-22 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1615726283283-N4ZSAT1B0M1OKBJTWWET/unsplash-image-CkZF0-etxU8.jpg Import dev - Import Diversification Guidelines We are happy to complete Import Diversification Guidelines for the 5 product groups. This project was conducted in cooperation with Business Support Office of Armenia, European Bank for Reconstruction and Development and the Ministry of Economy of the Republic of Armenia. Below you can download the respective guidelines: Plastic products Garments and textile raw materials Household appliances Citrus fruit Washing detergents https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616419407559-PQIRWLJ4HO53DNGQ5XZW/Citrus Import dev - Citrus Cline https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616435838423-JTZQHBPVATQUECQ82RO5/Transportation Import dev - Transportation Terms https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616419825478-6PUM8A3HEFCFLSNYRVM9/Household+appliances Import dev - Household Appliances https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616419706816-DCLK8OHW9JM81307EI64/Detergents Import dev - Washing Detergents https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616419185874-O2DA18BW7IHK7CVWM682/Textile Import dev - Textile & Garment https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1616419306411-EU48TNEJG6E3TLJ5ABXQ/Plastic Import dev - Plastic Products https://www.mbconsulting.am/pageek daily 0.75 2021-04-07 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617796514676-KDDHIMMV3P70TVCUBM3V/ZET_3771_Edited_Croped.jpg EK https://www.mbconsulting.am/ebrd daily 0.75 2021-04-04 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617543126772-B9BY8SDY2Z66QI3FBCNF/unsplash-image-aCniNTiIFd8.jpg EBRD https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1612731911398-N1JA0EH9AHU0PV25O86I/unnamed.png EBRD https://www.mbconsulting.am/insights-1 daily 0.75 2026-02-03 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/c3611af1-88fd-4dd8-a854-38537d4f99d2/cover.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1619181556340-NR4A1N7DXGDZSFMHHIC3/unsplash-image-UUYkTnQkn9c.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617546754512-7IFR67GEJORLE3C3NE2O/unsplash-image-CkZF0-etxU8.jpg https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1768569126488-VYAOH2XTLGUPKOV3AC9H/unsplash-image-uJcpBpfp1x0.jpg https://www.mbconsulting.am/company-formation daily 0.75 2021-04-04 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1617545968838-HYT81UXA76Z1TEHQWH3C/unsplash-image-XN4T2PVUUgk.jpg Company formation https://www.mbconsulting.am/ecommerce daily 0.75 2021-04-14 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1618385892307-3IBDF2SIFHFUCYTZ630M/unsplash-image-KEMb3TSbZBc.jpg E-Commerce https://www.mbconsulting.am/banking2020 daily 0.75 2021-04-24 https://images.squarespace-cdn.com/content/v1/5eb583da562bee2e9ae7b410/1619183829971-MAKNF7PYEB3NZDPG3DTG/unsplash-image-UUYkTnQkn9c.jpg Banking2020 - Amid turbulent year the banking sector reported impressive growth and solid profitability, however there is outlook for higher risks. Despite the 7.6% economic decline, the banking sector of Armenia registers a solid growth in 2020. Total assets grew by 14.52%, loan portfolio by 13.44% and liabilities by 15.98%. All banks reported profit for 2020, and total profit of the system was over AMD 60 billion. 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