Ardshinbank

Overview

Ardshinbank is Armenian commercial bank + one of Armenia's largest commercial banks by assets + founded Dec 29 2002 in Yerevan Armenia via consolidation of Armagrobank + Armenian Investment Bank + Arins Group (Karen Safaryan) ~98.67%+ controlling ^{1, Armenia report}.

History

Dec 29 2002 — Ardshinbank CJSC founded in Yerevan Armenia via consolidation of Armagrobank + Armenian Investment Bank distinctive Armenian banking heritage.

2014 — Ardshin Mobile banking app launch.

Ownership & operator

Operating entity: Ardshinbank CJSC (Armenian commercial bank).

Major shareholders: Arins Group (Karen Safaryan) ~98.67%+ controlling + Armenian retail + institutional + foreign investors free float.

Regulators: Central Bank of Armenia CBA.

Technical integration

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

Implementations & partners

Major Armenian banking + payments competitors: Inecobank (Inecobank CJSC; Armenian commercial bank; one of Armenia's largest commercial banks by assets) + ArarBank (Ararat Bank) (ArarBank Ararat Bank OJSC; Armenian commercial bank) + Evocabank (Evocabank CJSC; Armenian commercial bank; digital-first retail commercial bank) + Ameriabank (Armenia) (Ameriabank CJSC; Armenian commercial bank; Bank of Georgia Group plc UK parent ~100%+ controlling post-Mar 2024 ~$303M acquisition).

Regulators: Central Bank of Armenia CBA.

Status

Active, Armenian commercial bank + one of Armenia's largest commercial banks by assets + founded Dec 29 2002 in Yerevan Armenia via consolidation of Armagrobank + Armenian Investment Bank + Arins Group (Karen Safaryan) ~98.67%+ controlling ^{1, 2}.

Sources

• 1 Ardshinbank — official
• 2 Ardshinbank — Wikipedia
• ^{Armenia report} In-corpus: reports/countries/AM-armenia.md

Source

Biography extracted from ardshinbank.md. See matrix.md for standards-support matrix if present.