ArmInfo. According to the published official list of the largest taxpayers, by the end of 2017 Ardshinbank became the largest taxpayer in Armenia among banks and other financial organizations of the republic.
According to the results of activity for Jan-Dec 2017, the amount of tax payments by Ardshinbank to the state budget amounted to more than 4.7 billion AMD, which is 54.1% more than in the previous financial year. Thus, in the general list of 1000 largest taxpayers of Armenia, Ardshinbank rose to 26th place from 39th.
In 2017, the authoritative magazine American Global Finance recognized Ardshinbank as the best bank in Armenia in the categories Best Bank of the Year and Best Bank in Foreign Exchange Transactions. Ardshinbank is the only private company in the republic that has Moody's and Fitch's ratings. The rating of Ardshinbank is set at the rating level of the Republic of Armenia and is considered the best indicator for a private company. The bank is also the only private institution in Armenia, which issued eurobonds on the international capital market.
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