Byblos Bank Armenia

Byblos Bank Armenia

1992
The bank started its activities in Republic of Armenia as the Yerevan branch of Menatep bank of the Russian Federation.
1996
 The bank was later reorganized into a closed joint stock company by keeping status of the subsidiary bank.
2000
The shareholders were completely changed and the bank was renamed to ITB International Trade Bank CJSC.

ArmSwissBank

Full name:	"ARMSWISSBANK" Closed Joint Stock Company
Address:	10 Vazgen Sargsyan, Yerevan 0010, Republic of Armenia
Licenses:	Banking License N 84 granted by the Central Bank of Armenia on February 25, 2005
Bank Registration Certificate:	Registration Certificate N 0476 Registration N 84 Registration date 07.10.2004.
Tax Code:	02574955
Correspondent acc.# at Central Bank of Armenia:	103002102509

Prometey Bank

Prometey Bank LLC is among the first commercial banks in Armenia which withstood numerous cases of tightening the legislative framework of the banking sector and maintained compliance with the legislative and regulatory requirements. To date the Bank has been successfully operating and preserving its sustainable standing in the Armenian banking system.

Thanks to its effective and consistent policy, the Bank ensures that its delivered banking services are consistent with international standards by using the existing appropriate technologies and its extensive experience.

Anelik Bank

"Anelik Bank" CJSC was founded in 1990 August 1, by enterprises and organizations of Light Industry as a Shareholding Commercial Bank. In 1996 the shareholding commercial bank "Anelik" was registered (License # 9 of the Central Bank of the RA) and since then has been operating as "Anelik Bank" Limited Liability Company. In 2007 "Anelik Bank" LTD was reorganizaed into Closed Joint Stock Company. "Anelik Bank" CJSC is a universal commercial bank, which has an active participation in the social-economical area of ​​the country

Areximbank - Gazprombank

"Areximbank - Gazprombank Group" CJSC has been established in 1998 to support the business and manage financial flows between Russia and Armenia. Since 2007 the shareholder of the Bank is one of the largest Russian banks - "Gazprombank" (Open Joint Stock Company), whose penetration into the Armenian financial market is conditioned by the increase of investments of Russian companies into the Armenian economy, the needs of large corporate clients in complex banking services, as well as the necessity in funding "Gazprom" projects in the country’s territory.

As a universal financial and credit organization, the Bank offers its clients a full range of banking products. Among the Bank's priorities of project financing are major corporate clients, primarily

ARARATBANK

ARARATBANK was established as a result of the reorganization of Haykap Bank, operating on the Armenian financial market since 1991. On September 2005 ARARATBANK was reorganized into a closed joint stock company. ARARATBANK has been functioning as an open joint stock company since August 2007. ARARATBANK is a member of the Union of Banks of Armenia; it is a partner of the Ministry of Finance and Economy of Armenia in the field of the internal public debt management.

Artsakhbank

Artsakhbank, CJSC, (hereinafter referred to as Bank) was established on February 12, 1996 (the RA Central Bank’s License No.75 of July 14, 1996).

Later the Bank underwent some structural reorganizations. Thus, on November 6, 1996 Artsakhbank, CJSC, was restructured into Open Joint Stock Company.

On June 24, 2001, Artsakhbank, OJSC, was reorganized into Artsakhbank, Closed Joint Stock Company.

Bank is a co-founder and a shareholder of Armenian Card, CJSC, and a full member of ArCa national payment system since 2000.

HSBC Bank

The Bank was established as a closed joint stock company under the name Midland Armenia Bank J.S.C. on 1996 and has been renamed into HSBC Bank Armenia cjsc on 1999. The bank is a joint venture between the HSBC Group, which has a 70% ownership, and members of overseas Armenian businesses with 30% ownership. It is one of the leading banks in the foreign exchange market.

HSBC Bank Armenia cjsc offers a wide range of products and services to individual as well as corporate customers in Armenia and abroad.

The bank is the member of SWIFT and Bankmail payment systems.

Ameriabank

Ameriabank CJSC  is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions.  We carve out paths for improvement of your business and lifestyle, via both traditional and alternative, hyper-advanced banking technologies. 

An individual approach to each client, innovation, and high professionalism and experience attained by joint efforts of the united team are the underlying basis of our activity.
This is evidenced by the whole history of the Bank. Today, being the most rapidly growing Bank in the Armenian market and a financial institution offering the most advanced banking solutions, Ameriabank, at the same time, is one of the oldest banks operating in Armenia.

INECOBANK

INECOBANK CJSC was registered on February 7, 1996 (bank license N 68 issued by the Central Bank of Armenia). 

INECOBANK CJSC renders universal bank services both for physical entities and corporate customers the number of which as of March 31, 2012 amounted to accordingly 170 164 and 6292. 

Our managers and employees are followed by the understanding of social responsibility towards society and willingness to contribute to the process of poverty reduction in our country. It is proved by the fact that the Bank shows active participation in multiple target projects of small and medium as well as micro enterprises lending offered by international banks and organizations thus contributing to the development of economy and establishment of new employment opportunities. Besides, in the upcoming years the Bank plans to expand the volume of funds allocated in this field in total loan portfolio.

ARMECONOMBANK

2011

For the first time in Armenia EBRD lengthened its participation (25%+1 share) for a maximum possible period (another 3 years) in ARMECONOMBANK’s Chartered Capital. Issuing Bank Agreement for Trade Finance was signed between ARMECONOMBANK OJSC and Asian Development Bank under which the bank joined the Trade Finance Program of Asian Development Bank. The second USD5mln Loan Agreement for SME lending was signed between ARMECONOMBANK OJSC and Black Sea Trade and Development Bank. A loan Agreement of USD6mln (the equivalent of USD6mln in local currency) was signed between ARMECONOMBANK OJSC and EBRD for on-lending to small and medium-sized businesses. Became a member of VISA international payment system. Joined IntelExpress payment system.

VTB Bank

VTB is implementing a strategy of efficient growth and business structure improvement aimed at steady growth of the Group’s capitalization and sustainable financial performance. The Group’s success had an effect on the 2010 profit, which amounted to unprecedented RUB 54.8 billion under IFRS. VTB increased its net fee income by half, while cutting its operational expenses. Asset growth and capital efficiency were strengthened due toTransCreditBank consolidation.

VTB is implementing a strategy of efficient growth and business structure improvement aimed at steady growth of the Group’s capitalization and sustainable financial performance. The Group’s success had an effect on the 2010 profit, which amounted to unprecedented RUB 54.8 billion under . VTB increased its net fee income by half, while cutting its operational expenses. Asset growth and capital efficiency were strengthened due to.

Armenian Development Bank

"Armenian Development Bank" OJSC is among the first commercial banks in the Republic of Armenia founded according to founding agreement signed on 14 September, 1990 however the bank actually started its activity in the fall 1991. Till November 1995 The Bank operated under the name of "Reconstruction and Development Bank". According to the license provided by RA Central Bank, the Bank is entitled and renders a wide variety of contemporary banking services, different types of property and resident and non-resident legal and physical persons representing different branches. Legal status of the Bank is Open Joint Stock Company (OJSC), authorized capital and emission income is 4,556,662 thousand AMD. The state doesn't have a share in the structure of capital.     

Unibank

"Unibank" CJSC was founded in October 2001. 

Initial authorized capital stock of the Bank is 2 799 million AMD. 
The shareholders of “Unibank” closed joint-stock company are “Ripatonso Holdings Limited” company (75.43%),  Gagik Zakaryan (12.285%) and George Piskov (12.285%). 
“Unibank” branch net counts 42 points of service, as well as the Bank’s representative office operates in Moscow (Russian Federation). 

Significant events 

Converse Bank

"Converse Bank" CJSC is one of the leading banks in Armenia.  Our main goal is to provide secure and reliable banking products at competitive rates along with the highest quality customer service in the market. The Bank's policy of complete transparency and prudent financial management has allowed us to grow steadily through a variety of economic cycles.  As the Bank has grown, the number of Bank employees has also increased.
As of February 10, 2012, the Bank has 587 employees.
Our outstanding professional staff continuously identifies new opportunities for our clients and allows the bank to promptly respond to changes in the market.  We constantly strive to:
- Use new banking technologies
- Provide secure and responsible allocation of customers' funds
- Provide the best banking products, and

ARMBUSINESSBANK

1991 Bank was established as shareholding bank “Arminvestbank”  
1991 Banking license was granted by the Central Bank of RA (license #40)
1994 In accordance with the Constituent Agreement “Arminvestbank” CJSC became the successor of the shareholding bank “Arminvestbank”
1994 Bank became a member of the Yerevan Stock Exchange
1995 Bank joint the Banks Union of Armenia
1998 Bank obtained status of dealer in the state bonds market of RA
1998  Associated to the Bankmail electronic payment system  

2000 Bank joined the international payment system Western Union
2004 Bank became shareholder of the “Arminkasatsia”

Ardshininvestbank

Full name	Bank for Industry, Construction and Investment Closed Joint-Stock Company
Short name	«Ardshininvestbank» CJSC

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History	2003	Was registered by the decision of the RA Central Bank Board (license N 83)
		Acquired a significant part of assets and liabilities, as well as wide branch network
		Acquired the main business share of Armagrobank along with its infrastructure
	2004	Participant of Security market (on the basis of permanent tripartite agreements #19/200941 and #19/200942 signed between Ardshininvestbank, RA Central Bank and RA Ministry of Finance and Economy)

ACBA-CREDIT AGRICOLE BANK

The ACBA bank was established in 1996, within TACIS program of the European Union.

Credit Agricole Consultant consulting service of the French Credit Agricole bank jointly with Dutch Rabobank and German DG-Agroprogress companies successfully implemented the three-phase bank establishment program.

  In the first phase of e program implementation (1993-1994), a study on possibilities for financing the Armenian agriculture was carried out, as a result of which a recommendation was made to establish an agricultural bank under the model of the European cooperative bank.