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An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank

24.08.2026, 18:26
The success story of board games created by David Hovhannisyan began in a small garage near his home.
An Armenian Business Founded in a Garage: Games for Live Communication with the Support of Acba Bank
 
YEREVAN, August 24. /ARKA/. The success story of board games created by David Hovhannisyan began in a small garage near his home. David and his friends created educational games during their student years; as the number of orders grew, they decided to expand the business.

Now, the company "Hol" creates entertaining and intellectual games designed for different age groups. Armenian-made games develop linguistic thinking, communication skills, attention, orientation, logic, and worldview.

Acba Bank became a development partner for "Hol," and with their support, David was able to expand and then technically retool his business.

"Our mission is to create offline games that allow people to communicate with each other in real time. Our next mission is to foster a bond between parent and child through games. "We once had a very large order that required the production of a large number of games, but we lacked the funds. That's when our collaboration with Acba began. "In addition to our partnership, we also collaborate with the bank in another area: the bank represents our products in several of its branches," noted David Hovhannisyan, founder of the board game company Hol.

The company's next goal is to export games. David and his team are confident that the next opportunity for development is entering international markets.

Hol currently produces over fifty games for various age groups.

The bank is controlled by the Central Bank of the Republic of Armenia.