Ardshinbank has joined the “STAK” unified payment and settlement system for money transfers in Armenia through several of its branches: Byuzand, Urartu, Nor Nork, Arabkir, and Ejmiatsin.


The purpose of the “STAK” unified system for money transfers in Armenia is to organize the execution of money transfers of appropriate quality for resident and non-resident customers, to increase the accessibility of financial services, and to strengthen the stability of the financial system of the Republic of Armenia.
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The system currently services domestic and international cash-to-cash money transfers without opening an account, while at the same time providing the opportunity to involve organizations that ensure various international fast money transfer operations.


“STAK MONEY TRANSFER” Closed Joint Stock Company is registered with the Central Bank of the Republic of Armenia as a payment and settlement organization and has received the relevant license.


The sole shareholder, the Central Bank of the Republic of Armenia, is considered the controller of the company.

Ardshinbank is Armenia’s leading bank. It provides a wide range of universal banking services, offering solutions in retail, corporate, investment, as well as private banking and asset management. Ardshinbank serves around 570,000 clients with the support of more than 2,300 employees. The Bank operates a powerful multi-channel service and sales platform, including 72 branches, along with comprehensive mobile and online banking systems.

Ardshinbank has the largest branch network in the country, as well as a representative office in Paris. It is the only Armenian company rated by all three of the world’s leading rating agencies: Standard & Poor's (BB- (Stable)), Moody’s (Ba3 (Stable)), and Fitch (BB- (Stable)). Ardshinbank’s rating is equal to that of the Republic of Armenia itself, which represents the highest possible assessment for a private institution in the country.


Bank is regulated by the Central Bank of the Republic of Armenia.