Ardshinbank joins best and converstransfer money transfer systems

YEREVAN, April 9. /ARKA/. On April 3, Ardshinbank offered two new money transfer systems to its clients – Best and ConversTransfer, which are served in the bank’s 56 branches in Armenia and Nagorno-Karabakh Republic, the bank’s press office reports.

According to the press release, Best and ConversTransfer systems allow customers to send and receive money over CIS countries in US dollars, Euros and Russian rubles.

Due to a special agreement reached with the system Best it is possible to transfer money from Russian United National Bank LLC to Ardshinbank with 0% interest rate.

The press office says implementation of new systems and the ability to make transfers at preferential rates are designed to create additional facilities and meet the growing demand of the population toward financial products.

Receiving of the transfer is free of charge for Receiver and it is available immediately after the transfer has been made.

“By launching “Best” and “ConversTransfer” systems Ardshinbank collects all the leading systems in one place, serving 9 systems simultaneously – Avers, IntelExpress, Sigue, MoneyGram, Anelik, UniStream, Ria, Best and ConversTransfer, which also offer competitive prices and wide geography,” the press release says.

Ardshinbank CJSC (Ardshininvestbank before renamed Ardshinbank on November 13, 2014) was registered in February 2003. The bank is among leaders in Armenia’s banking sector for all general indicators and it enjoys Moody’s Ba3 rating with stable outlook.

Ardshinbank has 55 branches, one of the largest branch networks in the country.

The bank’s assets totaled AMD 369.1 billion in 2014 (37% growth) and liabilities AMD 321.7 billion (42.8% growth).

Its total capital amounted to AMD 47.4 billion (7.4% growth) and loan portfolio AMD 220.1 billion (27.8% growth).

The bank’s net profit amounted to AMD 4.2 billion in 2014 against AMD 6.4 billion in 2013. ($1 – AMD 474.99). –0–

spot_img

POPULAR

Euro and dollar depreciated against the Armenian dram, while the ruble rose slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 9, 2026, fell by 0.26 points compared to April 8, to 376.06 drams.

Aсba Bank and American platform Interactive Brokers sign agreement

Aсba Bank and Interactive Brokers, a reputable global online brokerage platform, signed an agreement making Interactive Brokers' services available in Armenia through Aсba Bank, the bank's press service reported.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

IDBank Participates in Regional Conference of the Union of Banks of Armenia

IDBank took part in the conference titled “Opportunities and Prospects for Cooperation between Business and the Banking System in Lori Region”, held in Vanadzor.

LATEST NEWS

spot_imgspot_imgspot_img