Home   Map   Contact Us
    

  News |     The press about us |   bank
 Rus |   Arm  |    Fr


   NEWS   |   News
t2

17.07.2014    FINANCIAL RESULTS OF ARDSHININVESTBANK FOR THE FIRST SEMESTER OF 2014

Ardshininvestbank published its financial results for the first semester of 2014 continuing to demonstrate a sustainable growth.
The comparative dynamics of main financial indicators for the first semester of 2014 compared to the year end of 2013 is as follows:

Indicator As of 30/06/14
(AMD, billion)
Increase
(AMD, billion)
Growth rate
Assets 275.3 6.0 2.2%
Loan portfolio 183.5 6.4 3.6%
Customer funds 180.9 21.7 13.7%
Total Capital 45.8 1.7 3.9%

During the first semester of 2014 net profit of Ardshininvestbank amounted to AMD 2.8 billion outperforming the result of the comparable period of the last year by 36.2%.
As a result of deepening cooperation with international financial institutions, Ardshininvestbank has signed a USD 18.0 million syndicated loan agreement with Citibank. The transaction represents the first syndicated deal for the Armenian financial institution in the bank loan market without multilateral agency support, having attracted significant interest from both - regional and international banks.
During the first semester of 2014 the number of permanently active customers increased by 3 300 customers totaling to more than 224 000 customers.

The complete version of “Ardshininvestbank” CJSC’s financial reports is available  here.

04.06.2014    Launch of Dilijan Development Fund and meeting with UWC Dilijan College students

On 1st June, “Development Initiative in Armenia” (IDeA) and Dilijan Development Funds supported and participated in organization of an event dedicated to International Children՛s Day in Dilijan. On the same day by the initiation of UWC Armenian National Committee Armenian students of UWC met the Management and sponsors of UWC Dilijan College.

dilijan dilijan dilijan

Mher Grigoryan, the Chairman of the Management Board of sponsor company “Ardshininvetsbank”, was also among the participants. Mher Grigoryan highlighted the importance of the charity fund and UWC Dilijan Collage activity, created by Ruben Vardanyan and Veronica Zohrabyan for the purpose of implementation of long-term projects in Armenia and in Artsakh.

08.05.2014    World famous Charles Aznavour’s unique concert in Armenia

The famous singer will give a concert dedicated to his 90th anniversary. The concert will take place on 12th of May in the sport and concert complex named after Karen Demirchyan.

The concert is held under the presidents of French Republic- Francois Hollande’s and Armenian Republic-Serge Sargsyan’s high patronage.

 

 

The main sponsor Ardshininvestbank.
We are strong together!

28.04.2014    FINANCIAL RESULTS OF ARDSHININVESTBANK FOR THE YEAR 2013

On 26th April 2014, the General Meeting of Shareholders of “ARDSHININVESTBANK” CJSC approved financial results for the year 2013, audited by KPMG Armenia CJSC.
Comparative dynamics of the main financial indicators for the year ended 2013 compared to the year 2012 demonstrates a sustainable growth:

Indicator As of 31/12/13
(AMD, billion)
Increase
(AMD, billion)
Growth rate
Net profit 6.4 2.2 51.7%
Assets 269.3 70.8 35.7%
Loan portfolio 172.3 39.5 29.8%
Customer funds 159.2 44.7 39.1%
Total Capital 44.1 8.3 23.1%

As a result of deepening cooperation with international financial institutions during 2013, the Ardshininvestbank managed to attract additional long term resources of non-treasury origin from the following financial institutions:

Partner-Financial Institution Funding volume
World Business Capital (WBC) $ 10.0 млн
Asian Development Bank (ADB) $ 6.0 млн
Atlantic Forfaitierungs € 2.9 млн
Citibank $ 2.3 млн
Rosselkhozbank $ 1.2 млн
Landesbank € 0.5 млн

At the end of 2013, the number of permanently active customers increased by 19.4% (to around 221 thousand customers).
Meanwhile, the sustainable growth of the Ardshininvestbank has been affirmed by Moody’s Investors Service, which raised the outlook of the Bank’s ratings to “stable”.

The complete version of “ARDSHININVESTBANK” CJSC’s financial reports is available   here .

16.04.2014    FINANCIAL RESULTS OF ARDSHININVESTBANK FOR THE Q1 2014

On 15th April 2014, Ardshininvestbank published its quarterly financial results continuing to demonstrate a sustainable growth.
The comparative dynamics of main financial indicators for Q1 2014 compared to the year end of 2013 is as follows:

Indicator As of 31/03/14
(AMD, billion)
Increase
(AMD, billion)
Growth rate
Assets 277.5 8.1 3.0%
Loan portfolio including 171.7 -5.4 -3.0%
Loans to individuals 56.4 4.3 8.3%
Customer funds 182.1 23.0 14.4%
Total Capital 44.7 0.5 1.2%

As of Q1 2014 net profit of the Ardshininvestbank amounted to AMD 1.5 billion outperforming the result of the comparable period of the last year by 1.5 times.
As a result of deepening cooperation with international financial institutions, the Ardshininvestbank has signed a USD 18.0 million syndicated loan agreement with Citibank. The transaction represents the first syndicated deal for the Armenian financial institution in the bank loan market without multilateral agency support, having attracted significant interest from both - regional and international banks.
During Q1 2014 the number of permanently active customers increased by more than 2000 customer totaling to around 223000 customers.

The complete version of “Ardshininvestbank” CJSC’s financial reports is available   here .

11.04.2014    “Anelik” International Money transfer system is now available at Ardshininvestbank

From now on Ardshininvestbank offers its customers another money transfer system, which will be available in all 56 sales points of the bank in Armenia and the Republic of Nagorno Karabagh.
mba12 The system allows sending and receiving money transfers to Europe, USA and CIS countries in US Dollars, Euros and Russian Rubles. According to the special agreement reached with “Anelik” System it will be possible to receive and send transfers via Ardshininvestbank with the commission fee as low as 0,5%. The sender pays the commission fee for transfers, and the funds become available to the recipient without any additional charges, right after the transaction has been made.
Traditionally, Ardshininvestbank is among the leaders in the Armenian banking system by key financial indicators, including those of international money transfer systems. With the launch of “Anelik” system, Ardshininvestbank now involved in servicing of the full array of the leading money transfer systems including Avers, IntelExpress, Sigue, MoneyGram, Anelik, UniStream, Ria and Bistraya Pochta.

You can find more information on locations of Ardshininvestbank branches by the following the link: Branch network

31.03.2014    PROMOTION FOR ARDSHININVESTBANK’S CUSTOMERS USING MONEY TRANSFER SYSTEMS

Starting from April 1 till June 30, 2014 for 3 months continuously Ardshininvestbank launches a promotion for the customers using money transfer systems, in frame of which each 500th customer sending or receiving transfer via Avers, IntelExpress, Sigue, MoneyGram, Anelik, UniStream, Ria and Bistraya Pochta money transfer systems will get 20,000 (twenty thousand) AMD.

“We constantly aim to provide our customers with high quality services. Customers using the services of Ardshininvestbank along with the high quality service are expected to receive pleasant surprises. Since the Bank daily serves more than 1000 customers using money transfers, we will have a customer receiving the amount in the frame of mentioned offer each day", mentioned Arthur Gyulazyan - Director of Retail Business of Ardshininvestbank.

Avers, IntelExpress, Sigue, MoneyGram, Anelik, UniStream, Ria and Bistraya Pochta money transfer systems are served in all 55 branches and headquarters of Ardshininvestbank.

Find the list of all branch addresses by the following link: Branch network

05.03.2014    Ardshininvestbank CJSC US$18,000,000 Syndicated Term Loan Facility

LONDON, YEREVAN - Citi (the “Co-ordinator”, “Bookrunner” and “Initial Mandated Lead Arranger”) has successfully closed and signed a US$18 million syndicated term loan facility (the “Facility”) for Ardshininvestbank CJSC in Armenia. Bank ZENIT (Open Joint Stock Company), Federated Investors, London Forfaiting Company Ltd and VTB Bank (Deutscheland) AG, were Joint Lead Arrangers. Atlantic Forfaitierungs AG and OJSC Promsvyazbank also joined the facility as Lenders.

branch branch branch

The transaction represents the first syndicated deal for an Armenian financial institution in the bank loan market without multilateral agency support. Ardshininvestbank’s debut syndicated facility closed oversubscribed attracting significant interest from both regional and international banks. The proceeds of the transaction will be used to support the borrower’s trade related needs. The unsecured Facility will have a tenor of one-year, with a bullet repayment on maturity.

About the Borrower: Founded in 2002, Ardshininvestbank is the third largest bank of the Armenian banking system by assets (US$668mm) as at Q4 2013. Ardshininvestbank serves its customers (c.220k) through its 1,081 employees, 55 branches (second largest branch network) and 92 ATMs as at Q4 2013. The borrower is primarily engaged in corporate and SME banking with a 69% share of total net loan portfolio as of Q4 2013. Ardshininvestbank is 97.23% owned by Center of Business Investments LLC and 2.77% by management. The Borrower holds market shares of 9.2%, 9.6% and 9.4% in banking sector’s assets, loans and deposits respectively as at Q4 2013.
Additional information may be found at       Facebook:ardshininvestbank

About Citi: Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at
www.citigroup.com
Twitter: @Citi
YouTube: www.youtube.com/citi
Blog: blog.citigroup.com
Facebook: www.facebook.com/citi
LinkedIn: www.linkedin.com/company/citi

Contacts : London: Dymityr Fedenczak + Tel: +44 20 7986 6009 dymitr.fedenczak@citi.com

05.02.2014    The re-opening ceremony of renovated, modernized and tailored for a more comfortable customer servicing - “Ashtarak” branch of “Ardshininvestbank” CJSC took place in town of Ashtarak on 04.02.14.

The Ardshininvestbank’s “Ashtarak” branch is located on 25/33 N. Sisakyan Street, in town of Ashtarak.
The ceremony was attended by the Chairman of Management Board Mher Grigoryan, the Governor of Aragatsotn region Sargis Sahakyan, the Mayor of Ashtarak Armen Antonyan, Bank’s customers and management.
Mher Grigoryan mentioned that the reopening of the renovated “Ashtarak” branch is one of the steps within complex action plan aiming at expansion and modernization of all sales points throughout the whole country.
“Paying special attention to our activity in regions of Armenia, the Bank is committed to developing its branches in regions along with the branches in the capital city. During the last two years, many branches were renovated, reaching the standards of good service quality for its customers in Yerevan as well as in number of regions. The most important target for us is to ensure high quality of services we offer” emphasized Mher Grigoryan.

branch branch branch
A number of complex steps on optimization of customer service procedures, modernization and full technical re-equipment of working places at its sales points were performed by the Bank as well as the branch interior was brought to compliance with the brand style of “Ardshininvestbank” CJSC.
By the key financial indicators, the Bank is traditionally among the leaders in the Armenian banking system. Nowadays, the Bank’s branch network is one of the largest in the country, comprising 55 branches.

20.01.2014    FINANCIAL RESULTS OF ARDSHININVESTBANK FOR THE YEAR 2013

On 15th January 2014, ARDSHININVESTBANK published its preliminary financial results for the year 2013, continuing to demonstrate a sustainable growth.
By results of the year, the Bank has strengthened its position among the top three of the banking system by all key indicators.
The comparative dynamics of main financial indicators for 2013 compared to the year 2012 is as follows:

Indicator As of 31/12/13
(AMD, billion)
Increase
(AMD, billion)
Growth rate
Net income 6.5 2.3 53.6%
Assets 271 72.3 36.4%
Loan portfolio 176.1 41.5 31.0%
Customer funds 153.2 38.8 33.9%
Total Capital 44.2 8.4 23.3%

As a result of deepening cooperation with international financial institutions, during 2013 the Bank managed to attract additional long term resources of non-treasury origin from the following financial institutions:

Partner-Financial Institution Funding volume
World Business Capital (WBC) $ 10.0 mln
Asian Development Bank (ADB) $ 6.0 mln
Atlantic Forfaitierungs € 2.9 mln
Citibank $ 2.3 mln
Rosselkhozbank $ 1.2 mln
Landesbank € 0.5 mln

At the end of 2013, the quantity of permanently active customers increased by 19.4% (to around 221 thousand customers).
Meanwhile, the sustainable growth of the Bank has recently been affirmed by Moody’s Investors Service, which raised the outlook of the Bank’s ratings to “stable”.

The complete version of “Ardshininvestbank” CJSC’s financial reports is available   here.

^ Go to top

Dear Customers,
In case of inconsistencies between the information in English and Russian languages
You need to be guided by Armenian version.
  The Bank is not liable for the accuracy and truthfulness of the content of any linked websites, as well as for the advertisements and possible consequences resulted from information use.
ARDSHININVESTBANK CJSC 2003-2014
0015, 13, Gr. Lusavorich Str., Yerevan, Armenia
Telephone: (+37410) 54-04-04   Fax: (+37410) 56-74-86   E-mail: office@ashib.am