On November 6, the Union of Banks of Armenia organized the “Banks and Business in Gyumri” Expo and the “Armenia’s Economy Beyond Yerevan” conference in Gyumri. The event brought together representatives of the public and private sectors to discuss ways to unlock the economic potential of the regions and expand investment opportunities.

Ardshinbank participated in the expo, presenting its financing solutions and services for small and medium-sized enterprises (SMEs). The Bank’s specialists met with entrepreneurs and business partners, introduced the Bank’s service offerings, and provided consultations on various business financing options. Several of Ardshinbank’s SME clients and partners also took part in the expo.

Ardshinbank continuously improves its services for SME clients, expanding access to financing and simplifying banking processes.

“Small and medium-sized enterprises play an important role in the development of Armenia’s economy, while the growth of regional businesses creates new opportunities for both local communities and the country’s economy as a whole. SME lending is one of our Bank’s strategic priorities. To this end, we combine our lending services with government support programs and financial resources provided by international partner institutions, making financing more accessible to small and medium-sized businesses. It is important to us that SMEs operating in the regions have the same opportunities to access financing as businesses in the capital, benefiting from the same terms, speed, and quality of service,” said Garik Gabrielyan, Head of Ardshinbank’s SME Business Department.

The importance of the Bank’s support is also reflected in the experience of Ardshinbank’s SME partner, Lev Farm. According to Telman Martirosyan, co-owner of the rose greenhouse, financing from Ardshinbank made it possible to bring the project to life. The company is now considering expanding its greenhouse facilities.

“We had already completed half of the greenhouse construction, but needed additional financial resources to finish the work. We approached Ardshinbank, discussed the matter, reached a mutual agreement, and the Bank stood by us. The most important aspect of the support was that they believed in us, because the business was new and financing it involved certain risks,” said Telman Martirosyan.

Ardshinbank continues to expand its offerings for SMEs by combining various financing instruments, digital services, and personalized consultations to support the sustainable development and growth of businesses.

Detailed information about Ardshinbank’s SME services is available on the Bank’s official website: https://ardshinbank.am/for-your-business/sme?lang=hy .