Mon, 23 February
8.1 C
Yerevan
USD: 376.97 RUB: 4.91 EUR: 444.71 GEL: 140.91 GBP: 509.10

Ardshinbank best in Armenia in 2015, according to ‘Euromoney’

YEREVAN, July 10. /ARKA/. Ardshinbank has been named the best bank in Armenia in 2015, according to “Euromoney” magazine published in London, the press office of the bank reports.

Reputable international financial institutions praise Ardshinbank for its leading positions in the Armenian banking market, particularly bearing in mind that the bank has considerably increased its share in the country’s financial market, says the report.

Ardshinbank is also the first Armenian private company to have issued bonds in global capital markets, according to the report.

The bank was named the best owing to its fruitful and mutually beneficial cooperation with clients and partners, says the report.

In 2014, Ardshinbank was awarded Bank of the Year by by “The Banker” magazine of the prestigious Financial Times in an award ceremony held in London on November 27.

Ardshinbank’s (formerly Ardshininvestbank) main shareholder is the Center of Business Investments – 97.5169%. Ardshinbank operates 55 branches.

Euromoney’s Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world. .–0–

spot_img

POPULAR

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img