Thu, 29 January
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Yerevan
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Mellat Bank

Bank name։
Mellat Bank CJSC
Seyed Gholamreza Musavi, Executive Director
License issuance date:
10 January 1995
Address:
Yerevan, 19 Charents str.
Tel:
(374 10) 581791
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Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

Net loan portfolio of Armenian banks increased by 22.66% to 7.7 trillion drams in 2025

The loan portfolio of the Armenian banking system as of December 31, 2025, amounted to 7.7 trillion drams, an increase of 22.66% compared to the fourth quarter of 2024.

Ranking of the most profitable banks in Armenia by the end of 2025

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

Armenia’s banking sector experienced profit surge of 16% in 2025, reaching 421.3 billion drams

The net profit of Armenia's banking sector for the year 2025 stood at 421.3 billion drams, reflecting a 16.01% increase from 2024.

Armenia to Receive $150 Million Loan from ADB to Finance State Budget Deficit

At a meeting on Thursday, the Armenian government approved a proposal to sign a $150 million loan agreement with the Asian Development Bank (ADB) under the "Fiscal Sustainability and Financial Markets Development.

VTB (Armenia) launches MIR travel card for convenient payments and money transfers between Russia and Armenia

VTB (Armenia) has launched the MIR Travel multicurrency card, designed for customers who regularly travel to Russia, work, or study there.

Book by March 31 and get 15% off your FINTECH360 ticket

The FINTECH360 International Conference will be held in Yerevan, with an exclusive offer for early birds: book your ticket by March 31 and receive a 15% discount.

In Armenia, old-issue banknotes to be exchanged free of charge

After April 15, 2026, citizens of Armenia will be able to exchange all second-generation banknotes free of charge at commercial banks operating in the Armenia and at the Central Bank, the regulator's press service reported. Until April 15, 2026, old-issue banknotes will be considered legal tender

Armenian banks maintain capital and liquidity buffers, dollarization declines – Fitch

Armenian banks maintain strong capital and liquidity buffers, and profitability remains high despite the normalization of extraordinary financial inflows from Russia, according to a report by the international rating agency Fitch Ratings.

The FINTECH360 conference will be held in Yerevan from April 27 to 29

The FINTECH360 international conference will take place in Yerevan from April 27 to 29, 2026.
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