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Acba bank and France’s Proparco to continue strengthening their long-term strategic partnershipTeam Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia Unibank Issues the First in Armenia Perpetual Bonds Team Holding Announces the Launch of Bond Placement. Underwriter - Freedom Broker Armenia AraratBank Joins Armenia's New Greening Initiative: 100 Hectares of New Forest within Three YearsApply for a Unibank salary card and get a chance to win 1 000 000 AMDEuromoney Names Ameriabank Armenia’s Best Bank for Real Estate for the Second Year in a Row S&P Global Ratings has assigned IDBank CJSC a long-term rating of “BB-” and a short-term rating of “B” with a “stable” prospectA Brand-New Section on Idram&IDBankSeveral real and profitable offers ahead of Black Friday: IDBank and IdramAraratBank Joins Social Impact Award 2025 Summit in LjubljanaIDBank issued the 1st tranche of bonds of 2026 Ucom Supports the Development of Space Engineering in Armenia Prioritizing Information Security: IDBank and Idram Support APOCALYPSE CTF 2025IDBank's Representative, Innesa Amirbekyan Appointed Co-Chair of the ICC Banking Commission Task Force on GuaranteesUcom General Director Ralph Yirikian Awards Certificates to Participants of Cybersecurity Training Course Acba and Proparco mark one year of partnership, strengthening rural financing and Armenias’s economic resilienceAraratBank and Arca's joint campaign has endedIDBank: A Pioneer of Digital Banking and Innovation in ArmeniaGRAWE Group and C-Quadrat Investment Group have announced plans to acquire 100% of LIGA Insurance Company in Armenia Ucom Supports the Annual “Capture the Flag 2025” Cybersecurity Competition Financially Literate with Idram and IDBank: Next Stop – Nairi CampIdram received a permit to establish and operate the Armenian payment and settlement QR system IdramNetUcom Completes the Deployment of its 5G Network Across All Cities of Armenia Firebird, Inc. Secures U.S. Export License and Announces Dell Technologies as a Technology Partner, Establishing Major Milestones in Armenia’s AI and Digital FutureIDBank Receives Permission to Open a Representative Office in the United StatesRoboTon 2025 Competition Held with Idram’s Sponsorship“Armenian potential in Spain: Arman Mayilyan as a guest on the ‘Armenian Diaspora Communities’ program.” Final Results of the 20th Annual International Microelectronics Olympiad AnnouncedUnibank's VISA DIGITAL cards are now free Arca National Payment System, Bank of Georgia and Ameriabank Signed a Memorandum of UnderstandingIdram has been awarded the prestigious “Beyond Payments Awards” by Ant InternationalSTEM Acceleration Award 2025 Held with Idram’s SupportSolar Power is Generated in Kechut Community Through the Efforts of Ucom and SunChild Idram Announces Partnership with WeChat PayAraratBank: Transfer Your Mortgage Loan and Repay It on Attractive Terms: JOIN US“The Power of One Dram” as the Main Supporter of the National Hackathon AI4Biodiversity: AI Solutions for NatureSpeed-Mentoring Event Accelerates Green Innovations within the Ucom Fellowship Program Ucom Supports the Development of High-Tech Education in Armenia Dalan Technopark announces its first bond issuance. Placement Partner is Cube InvestIdram Junior Participants Receive Prizes: The First Junius Financial Literacy Competition ConcludesLusine Yeghiazaryan joins the Board of Trustees of the Music for the Future Foundation5,312,038 AMD for “Symphonic Forest”: the November beneficiary is AI4Biodiversity: AI Solutions for Nature, a national hackathonUcom’s Green Initiative Reaches Urtsadzor AraratBank Honoured with STP Award by Commerzbank AG Compelling Business Loan Offer from AraratBank: JOIN US AraratBank – Title Sponsor of Urartu Football Club The interview of Mher Abrahamyan, Chairman of the Board of IDBank, to Khaleej TimesAmeriabank’s Corporate Loan Portfolio Surpasses AMD 1 Trillion Arman Vardanyan, the leader of the «Unity» movement, participated in an event dedicated to Armenia’s Independence Day, held at the Cathedral of Monaco (video, photos)
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Reputation Management in Armenia: Shushan Harutyunyan

We present an expert opinion on the challenges of reputation management and public relations in Armenia by Shushan Harutyunyan, co-founder of AxelMondrian communications firm. 

Can Reputation Be Managed?

If we consider Aristotle’s Rhetoric, Ethos refers to the authority, credibility and moral standing of a person. One is heard not only for what they say, but for who they are. In Armenia today, this becomes especially challenging amid widespread discrediting of public figures and the trivialisation of important issues. Reputation takes years to build, yet it can be destroyed in hours. As a result, many thoughtful and qualified individuals avoid public life for fear of losing their hard-earned credibility in a moment. While reputational harm is a global phenomenon, it is particularly damaging in smaller countries like Armenia, where the pool of trusted voices is limited.

Reputation can—and must—be managed. A society where reputation holds no value becomes a breeding ground for deception. The desire to earn and maintain trust shapes healthier communities. In contrast, widespread cynicism erodes hope.

Is Bad PR Still PR?

No, for sure. It may be quicker and cheaper to gain attention through a stunt, but notoriety does not equal trust. There’s nothing clever in turning yourself into a joke and calling it black PR. 

The popularity of prank videos on social media is an example of cultural decline. These videos tap into voyeuristic emotions. Viewers empathise with the person mocked, feel superior by comparison, and then derive a sadistic thrill as the individual willingly humiliates themselves—whether through language, gestures, or values no one used to flaunt. In the end, it provides a kind of twisted reassurance—if these people can earn a living making a mockery of themselves, then even idle viewers might feel they still have a chance. 

What Does It Take to Become a PR Specialist?

As the saying goes, everyone’s an expert in football, politics and marketing. Communication is particularly prone to cognitive bias. People believe that if they can write, they can craft a message; if they see colours, they understand design. Sociology and behavioural sciences help understand audiences. Philosophy teaches how ideals are created and destroyed. Aesthetic disciplines like film and art are essential for crafting powerful visuals.