This is a list of banks in Armenia.
Central bank
Commercial banks
As of 4 November 2024, there are 18 commercial banks operating in Armenia. This includes:[2]
- Ameriabank opened in 1910 as the Yerevan branch of the Caucasus Trade Bank.
- Ardshinbank opened in 2003. Initially incorporated as Ardshininvestbank, the bank was renamed Ardshinbank in November 2014.
- Acba bank was established in 1996, within TACIS program of the European Union
- Inecobank established in 1996.
- Araratbank was established through the reorganization of Haykap Bank operating in the Armenian financial market since 1991.
- Unibank was founded in 2001.
- Armeconombank(AEB)
Development banks/representative offices
Below is a list of regional and international banks which have operations in Armenia:
- Asian Development Bank, regional development bank representative office in Armenia opened in 2005.
- Interstate Bank, regional development bank representative office in Armenia opened in 1994.
- Rosselkhozbank, special state agricultural bank of Russia representative office in Armenia opened in 2012.
- Panarmenian Bank, enterprise development bank opened in 2008. Was reorganized into a fund in August 2018.[24]
- Armenia is a member of the European Bank for Reconstruction and Development, the EBRD maintains a representative office in Yerevan.[25]
- The Eurasian Development Bank maintains a representative office in Yerevan, Armenia is a full member.
Former commercial banks
- Armenian Development Bank, merged with Araratbank.
- AreximBank-Gazprombank, acquired by Ardshinbank.
- Cascade Bank, merged with Ameriabank.
- BTA Bank, merged with ArmEconomBank.
- ProCredit Bank, acquired by Inecobank.
See also
- Armenia Securities Exchange
- Central Depository of Armenia
- Economy of Armenia
- List of banks in Europe