Ratings of the Bank
S&P Global Ratings
| Class | Rating | Outlook |
| Long-Term | BB- | Stable |
| Short-Term | B |
Moody’s
| Class | Rating | Outlook |
| LT Bank Deposits (Foreign) | Ba3 | Positive |
| LT Bank Deposits (Domestic) | Ba3 | Positive |
| Senior Unsecured (Foreign) | Ba3 | Positive |
| ST Bank Deposits (Foreign) | NP | |
| ST Bank Deposits (Domestic) | NP | |
| Baseline Credit Assessment | ba3 | |
| Counterparty Risk Assessment | Ba2(cr) |
Fitch
| Class | Rating | Outlook |
| Long Term Issuer Default Rating | BB- | Positive |
| Short Term Issuer Default Rating | B | |
| Viability Rating | bb- | |
| Government Support Rating | ns |
Shareholder information
STATUTORY FUND
On
June 25, 2025, the Central Bank of the Republic of Armenia registered a new
version of the Bank’s charter, which determined the authorized capital of the
Bank in the amount of 200 000 000 000 (two hundred billion) Armenian drams,
divided by 1 500 000 (one million five hundred thousand) ordinary shares,
with a nominal value of AMD 100,000 (one hundred thousand) each, and 500,000
(five hundred thousand) class A preferred shares with a variable
dividend, with a nominal value of AMD 100,000 (one hundred thousand) each.
SHAREHOLDER STRUCTURE
The Bank's beneficial owner is Mr. Karen Safaryan, the only participant of “Arins Group” LLC (on 06.06.2017 “Center for Business Investments” LLC was renamed to "Arins Group" LLC).
GENERAL MEETING OF SHAREHOLDERS
Shareholders Meeting is the supreme governing body of the Bank with the highest decision-making authority. The Bank holds every year an Annual General Meeting (AGM) of shareholders. The annual general meetings are held within 6 (six) months after the financial year end. All meetings other than annual general meetings are considered as extraordinary. The list of shareholders entitled to participate in the Annual General Meeting is compiled as of the date defined by the Bank Board on the basis of information of shareholders register. The date of compilation of shareholders list entitled to participate in the AGM cannot be set earlier than the adoption of a resolution on holding a General meeting and later than 45 days before the General Meeting. In case the General meeting is held by distance voting, the date of compilation of the shareholders list entitled to participate in the AGM is set at least 35 days before the General meeting. The list of shareholders entitled to participate in the General Meeting shall include information on each shareholder’s name, location (address) and shares. The shareholder of the Bank can participate in the General meeting personally or through an authorized representative. The shareholder may at any time replace his authorized representative or participate in the meeting personally. The persons entitled to participate General meeting are notified via ordered letters or in person at least 21 (twenty one) days before the General meeting.
Shareholders
| Participants | Participation | Activity |
| “Arins Group” LLC | 98.918067 % | participation in other organizations by making investments in their statutory capital, |
| management of legal entities and property assets, | ||
| representative and intermediary activity, | ||
| consulting services, | ||
| other economic activities not prohibited by law. |
Documents
Notice of Annual General Meeting
Dividend policy
Financial group members
