# Ardshinbank

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

Specifications:
- [Ardshinbank — official](https://www.ardshinbank.am/)

## 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** <sup>[1][1], [Armenia report](https://docs.barcoder.ai/docs/payments/AM)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/inecobank) (Inecobank CJSC; Armenian commercial bank; one of Armenia's largest commercial banks by assets) + [ArarBank (Ararat Bank)](https://docs.barcoder.ai/docs/wallets/ararat-bank-armenia) (ArarBank Ararat Bank OJSC; 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 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** <sup>[1][1], [2][2]</sup>.

## Sources

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

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

## Source

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