Yerevan, Armenia – April 2025 – Ardshinbank has once again demonstrated its leadership in the Armenian financial sector by being recognized in four prestigious categories by the UK-based Global Banking & Finance Review. The bank has been awarded:
◾ Best Corporate Bank Armenia 2025
◾ Best CSR Bank Armenia 2025
◾ Best Private Bank Armenia 2025
◾ Best Retail Bank Armenia 2025
These recognitions reflect Ardshinbank’s exceptional performance, commitment to innovation, and customer-centric approach across all business lines. The Global Banking & Finance Awards honor financial institutions worldwide that have achieved excellence through performance, innovation, and leadership in their respective markets.
Artak Ananyan, Chairman of the Management Board of Ardshinbank, expressed his appreciation for the recognition:
“We are honored to receive this international acknowledgment in four key areas of banking. This achievement confirms that the strategic goals we set for 2025 have been successfully met. It is a powerful motivation for our entire team, whose daily efforts contribute to making Ardshinbank a trusted and innovative financial partner.”
This marks the fifth time Ardshinbank has received the Best Private Bank award and the third time being named Best Retail Bank by the publication. The addition of Best Corporate Bank and Best CSR Bank highlights the Bank’s ongoing efforts in delivering value to corporate clients and making a sustainable impact in the community.
Wanda Rich, Editor of Global Banking & Finance Review, noted:
“The awards are based on a thorough evaluation of institutions
that stand out for their outstanding service quality, long-term client
relationships, and strategic excellence. Ardshinbank has proven itself as a
leader in all these areas.”
Established in 2011, the Global Banking & Finance Awards are a
benchmark for excellence within the international financial community,
recognizing institutions that drive positive change and set industry standards.
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Ardshinbank
is the leading bank in Armenia. It provides a wide range of universal banking
services, providing solutions in the areas of retail, corporate, investment, as
well as private banking and asset management. Ardshinbank serves approximately
390,000 customers through a dedicated team of over 1,900 employees. The bank
operates a powerful multi-channel service delivery and sales platform with 65
branches, comprehensive mobile and online banking systems.
The bank
has the widest branch network in the country, as well as a representative
office in Paris. Ardshinbank is the only company in Armenia holding ratings
awarded by three leading rating agencies: Standard & Poor's (BB- (Stable)),
Moody's (Ba3 (Stable)) and Fitch (BB- (Stable)), all on the level of the
sovereign.