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Ardshinbank

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Bank name։
Ardshinbank cjsc
Artak Ananyan, Chairman of the Board of Ardshinbank
License issuance date:
27 February 2003
Address:
13/1 Grigor Lusavorich str., Yerevan
Tel:
(374 10) 52 85 13
URL:
https://ardshinbank.am/?lang=hy
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IBEC provides of €3.5 million to Ardshinbank as pre-export financing

For the first time, Ardshinbank has implemented a trade finance deal with the International Bank for Economic Cooperation (IBEC) under the General Financing Agreement signed in September 2019, the press office of Ardshinbank reported on Friday

Ardshinbank appoints Artak Ananyan as chairman of its board

On August 10, based on the decision of the Board of Directors of Ardshinbank, Artak Kliment Ananyan was appointed as the Chairman of the Management Board of Ardshinbank

Moody’s changes outlook on Ardshinbank’s ratings to positive from stable

Moody's Investors Service has affirmed Armenian Ardshinbank's local currency deposit rating of B1, foreign-currency senior unsecured debt rating of B1

Ardshinbank signs $25 million trade finance facility with Citi and ADB

Ardshinbank has signed a $25 million one-year Club Trade Finance Facility arranged by Citi with Asian Development Bank (ADB)

Ardshinbank closely eyeing potential bank mergers

Ardshinbank is closely eyeing all potential mergers of banks in Armenia, Ardshinbank Board Chairman Mher Grigoryan said in an exclusive interview to ARKA news agency

Major task for Armenia’s banking sector is to intellectualize and modernize its products, Ardshinbank board chairman says

A major task for Armenia’s banking sector today is to intellectualize and modernize its products, Ardshinbank Board Chairman Mher Grigoryan stated in an exclusive interview to ARKA news agency

Strategic goal of Ardshinbank is a combination of remote and traditional banking services

The strategic goal of Ardshinbank is a combination of remote and traditional banking services, Ardshinbank Board Chairman Mher Grigoryan said in an exclusive interview to ARKA news agency

Ardshinbank becomes account operator of securities settlement system

On September 27, 2017 Ardshinbank CJSC was granted the status of securities settlement system account operator, thanks to which, hereinafter, services of “Central Depository of Armenia” OJSC (CDA) will be available through Ardshinbank

EDB provides $20-million renewable credit line to Armenia’s Ardshinbank for trade financing

The Eurasian Development Bank has provided a $20-million renewable credit line to Armenia’s Ardshinbank CJSC for trade financing

Ardshinbank’s capital built up by 47.7% to AMD 71.5 billion in 2016

Ardshinbank has published its audited financial results for the year 2016, demonstrating sustainable growth
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Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

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Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

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The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Ranking of Armenia’s most profitable banks in 2024

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Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

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The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

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