All news related to Ardshinbank

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

15.12.2017 16:00

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

YEREVAN, December 15, /ARKA/. Ardshinbank has signed a $25 million one-year Club Trade Finance Facility arranged by Citi with Asian Development Bank (ADB). ADB is supporting a portion of the facility through their Trade Finance Program (TFP) in the form of a guarantee, Ardshinbank said in a press release.

It said this is the first Club Trade Finance Facility arranged by Citi for Ardshinbank. Proceeds of this will support import and export transactions for top corporate customers of Ardshinbank, increasing the volume and value of trade transactions in Armenia’s key economic sectors, including energy, mining, and services.

“We are pleased to be at the forefront of providing much needed trade finance products to our corporate and small and medium-sized enterprises (SME) clients. It will not only diversify and strengthen our client base, but also serve our purpose to contribute to sustainable economic growth in Armenia,” said Mher Grigoryan, Ardshinbank’s Chief Executive Officer. “I would like to thank Citi, our long-term partner, and ADB for a fruitful collaboration and successful completion of the transaction.”

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Ardshinbank closely eyeing potential bank mergers

31.10.2017 17:14

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

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

31.10.2017 17:10

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

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

31.10.2017 17:07

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

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Ardshinbank becomes account operator of securities settlement system

28.09.2017 17:27

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

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

28.06.2017 22:20

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

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

05.05.2017 16:37

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 Ardshinbank's ratings and revises outlook to ‘stable’

26.04.2017 16:16

Fitch affirms Ardshinbank's ratings and revises outlook to ‘stable’

Ardshinbank said today that the Fitch Ratings provided rating rationale and in particular stated that “Ardshinbank’s ratings are driven by bank’s reasonable financial metrics

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Armenian central bank registers branches of Areximbank-Gazprombank Group as branches of Ardshinbank

16.01.2017 17:18

Armenian central bank registers branches of Areximbank-Gazprombank Group as branches of Ardshinbank

Armenia’s Central Bank said today it has registered 16 branches of Areximbank-Gazprombank Group as branches of Ardshinbank. The regulator has also registered a new ‘Yerevan’ branch of Ardshinbank

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Armenian central bank registers Areximbank-Gazprombank Group and Ardshinbank deal

16.01.2017 13:58

Armenian central bank registers Areximbank-Gazprombank Group and Ardshinbank deal

The Central Bank of Armenia upheld and registered Areximbank-Gazprombank Group and Ardshinbank’s deal on January 10, the regulator’s press office reported on Friday

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