# ArarBank (Ararat Bank)

> Source: https://docs.barcoder.ai/docs/wallets/ararat-bank-armenia
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Ararat — official](https://www.araratbank.am/)

## Key details

- **Launch:** 1991

## Overview

**ArarBank (Ararat Bank)** is **Armenian commercial bank** + **founded 1991 in Yerevan Armenia as ARMSBERBANK ZAO then 2002 Anelik Bank then 2018 Ararat Bank rebrand** + **Armenian retail + institutional + foreign investors free float** <sup>[1][1], [Armenia report](https://docs.barcoder.ai/docs/payments/AM)</sup>.

## History

**1991 — ARMSBERBANK ZAO founded in Yerevan Armenia post-Soviet privatisation** distinctive Armenian banking heritage.

**2002 — Anelik Bank rebrand**.

**2018 — Ararat Bank rebrand consolidating Anelik Bank retail commercial banking brand**.

**2014 — Ararat Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **ArarBank Ararat Bank OJSC** (Armenian commercial bank).

**Major shareholders**: **Armenian retail + institutional + foreign investors free float**.

**Regulators**: **Central Bank of Armenia CBA**.

## Technical integration

Ararat Mobile app (iOS + Android) + araratbank.am online + Ararat Bank branch network across Armenia + Ararat Visa + Mastercard cards; EMVCo QRCPS QR payments + Armenian Dram AMD domestic transfers.

## Implementations & partners

**Major Armenian banking + payments competitors**: [Inecobank](https://docs.barcoder.ai/docs/wallets/inecobank) (Inecobank CJSC; Armenian commercial bank; one of Armenia's largest commercial banks by assets) + [Ardshinbank](https://docs.barcoder.ai/docs/wallets/ardshinbank) (Ardshinbank CJSC; Armenian commercial bank) + [Evocabank](https://docs.barcoder.ai/docs/wallets/evocabank) (Evocabank CJSC; Armenian commercial bank; digital-first retail commercial bank) + [Ameriabank (Armenia)](https://docs.barcoder.ai/docs/wallets/ameriabank) (Ameriabank CJSC; Armenian commercial bank; Bank of Georgia Group plc UK parent ~100%+ controlling).

**Regulators**: Central Bank of Armenia CBA.

## Status

**Active, Armenian commercial bank + founded 1991 in Yerevan Armenia as ARMSBERBANK ZAO then 2002 Anelik Bank then 2018 Ararat Bank rebrand** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.araratbank.am/ "Ararat — official"
[2]: https://en.wikipedia.org/wiki/Araratbank "Ararat — Wikipedia"
[am-cro]: https://docs.barcoder.ai/docs/payments/AM

- [1] [Ararat — official][1]
- [2] [Ararat — Wikipedia][2]
- <sup>[Armenia report](https://docs.barcoder.ai/docs/payments/AM)</sup> In-corpus: `reports/countries/AM-armenia.md`

## Source

Biography extracted from [ararat-bank-armenia.md](https://docs.barcoder.ai/source/wallets/ararat-bank-armenia). See `matrix.md` for standards-support matrix if present.