ArmInfo.Ardshinbank has signed a $35 million one-year Club Trade Finance Facility arranged by Citi with Asian Development Bank (ADB). This is the second Club deal between Ardshinbank (Bank), Citi and ADB, which clearly indicates the success of previous loan and matured partnership.

ArmInfo. Ardshinbank has modernised one of its regular regional branches- Charentsavan, particularly, the office has been renovated and equipped in  accordance with modern requirements. As the press service of the Bank  informs, the equipment of the branch with wide technical capabilities  simplifies the procedure of maintenance and the process of using the  services of the bank.

ArmInfo. Ardshinbank offers mortgage lending on favorable terms. As the press service of the bank told ArmInfo, within the framework of the program "Affordable Housing  for Young Families", mortgage loans are provided on a prepayment  basis from 10% (instead of the previously existing 30%), without  requiring additional collateral. For the remaining 10-20% unpaid  prepaid insurance is provided, and the bank assumes these costs,  instead of the client.According to the source, within the framework  of the program "Affordable Housing for Young Families", clients can  receive a mortgage loan of up to 24 million drams, if the cost of the  real estate purchased does not exceed 30 million drams. The loan  repayment period has been increased to 20 years from the previous 15  years. 

ArmInfo.For the second year in a row, conscientious borrowers  from Ardshinbank receive a 5% cashback on interest payments on loans  secured by real estate.  As the press service of the bank reports, on  the eve of the New Year - December 28, 1716 customers received  cashback for a total amount of 50 million AMD.

ArmInfo. Ardshinbank offers a profitable business development tool - an IPOS service. The press service of the bank told ArmInfo that in order to facilitate online trade, Ardshinbank offers this service to legal entities and private entrepreneurs for faster, safer and more efficient online card payments.

ArmInfo. Despite the high  ratioof capital adequacy, at least among the largest players in the  Armenian banking market, the opportunities for its optimal use are  severely limited, Financial Director of one of the largest banks in  Armenia, former Minister of Finance David Sargsyan stated at a  banking conference organized by Fitch Ratings international agency  last week in Yerevan.

ArmInfo.

ArmInfo. Ardshinbank provides users of the Mobile Banking application with the opportunity to conclude a CMTPL (Compulsory Motor Third Party Liability) contract in 3-4 minutes.

ArmInfo.The American company  Fitch Ratings confirmed the long-term ratings of the issuer default  (IDR) of Armenia in foreign and national currency at the level of "B+" with a "Positive" forecast.

ArmInfo.The Banker, a publication owned by the Financial Times Group, named Ardshinbank as ‘’Bank of the Year in Armenia for 2018’’.  The annual award ceremony held by the UK-based The Banker magazine is the highest, most prestigious and the most trusted acknowledgement in banking.

ArmInfo. The Banker, a publication owned by the Financial Times Group, named Ardshinbank as ‘’Bank of the Year in Armenia for 2018’’.  The annual award ceremony held by the UK-based The Banker magazine is the highest, most prestigious and the most trusted acknowledgement in banking.

ArmInfo.

ArmInfo. Ardshinbank has been recognized by NASDAQ OMX Armenia as the "Best Agent of the Government Bonds Market". As the press service told ArmInfo, Ardshinbank was the winner in this nomination according to the results of the  2017 Best Stock Exchange 2017 competition, held annually by the  NASDAQ OMX Armenia stock exchange and the Central Depository of  Armenia.

ArmInfo.October 19, 2018 - The Black Sea Trade and Development Bank has provided a USD 15 million loan to Ardshinbank, Armenia to help finance small- and medium-sized enterprises (SMEs) in the country.  The facility has a maturity period of 5 years, which will enable Ardshinbank to offer the much-needed medium-term financing for SMEs capital expenditures and working capital needs. The facility is expected to serve up to 100 SME clients while supporting around 3600 jobs in Armenia.

ArmInfo.Ardshinbank, improving the services of remote services, provided an opportunity for individuals through a mobile banking application to get a loan in  a matter of seconds. As the press service of the Bank explained,  through the application of mobile banking, one can apply for  obtaining an unsecured consumer loan of up to 1.1 million drams with  a maturity of up to 10 years. Decision making and loan disbursement  are carried out immediately.

ArmInfo.Ardshinbank was named the safest bank in 2018 for the fifth consecutive year based on the exclusive survey of the prestigious American magazine “Global Finance”.

ArmInfo. Ardshinbank modernized "Vedi" regional branch the office of which was renovated and equipped in accordance with modern requirements. As the Bank's  press service informs, the branch's equipping with wide technical  capabilities simplifies the procedure for servicing and the process  of using the bank's services.

ArmInfo. The Armenian government is negotiating with the American side on non-distribution of sanctions on the plant "RUSAL ARMENAL". On September 3, RA Minister of Economic Development and Investments Artsvik Minasyan stated at a press conference in Yerevan timed to 100 days in office.

ArmInfo.Ardshinbank offers instant payments in points of trade / services through contactless cards of Visa and MasterCard payment systems.