License N83 of the Central Bank of the Republic of Armenia issued on 25
February 2003.
In 2003 “Ardshininvestbank” acquired considerable part of assets and
liabilities of “Ardshinbank” OJSC and “Armagrobank” CJSC together with their
network of branches.
The bank participates in loan programs of the World Bank (Assistance to
Agricultural Reforms/ Enterprise Development), the International Organization
for Migration (IOM), the “National Center for Small and Medium Business
Entrepreneurship of Armenia” Fund.
The bank is the participant of the securities market on the basis of
permanent trilateral agreements concluded between the Central Bank of the
Republic of Armenia, the Ministry of Finance and Economy and
“Ardshininvestbank”, as well as the market dealer of state loan securities.
The bank is the member of the Union of Banks of Armenia, the
Armenian-Georgian Business Cooperation Association, the “Armenian Stock
Exchange” Self-Regulatory organization. It is the affiliated member of “Master
Card Europay”, the shareholder of SWIFT International Financial
Telecommunication System, “Armincassation” CJSC, “ArCa” CJSC, and the exclusive
representative of the international MoneyGram money transfer system in Armenia.
The bank has 51 branches: 13 - in Yerevan, 36 - in all marzes of Armenia, two
– in the Nagorno-Karabakh Republic. The bank has a representation in Paris.
The bank serves approximately 95.000 clients.
The bank has over 1000 employees.
The shareholders of the bank are “Rasko-Armenia” CJSC, “Business Investment
Centre” Co Ltd., and “International Business Center” CJ CJSC.
As of December 31 of 2007, the bank’s total capital makes AMD 18 545 823
thousand, the assets - AMD 93 826 092 thousand, the liability - AMD 75 280 269
thousand.
Chairman of the Board
Aram Andreasyan
Address:
13 Grigor Lusavorchi St. (the main office), Yerevan 0015,, Armenia
Tel.:
(374-10) 54 04 04 information desk, 52 85 13 reception.
