Ardshinbank Partners with the European Investment Bank to Improve Climate Risk Management

ArmInfo. Ardshinbank has begun a strategic technical assistance initiative with the European Investment Bank (EIB) within the framework of the Greening Financial Systems program.

The goal of this collaboration is to enhance the bank’s climate risk management methods, ensure the achievement of sustainable development goals, and support the implementation of the Climate Transition Plan. According to the program, the bank will undertake a series of actions aimed at aligning with global climate goals and driving green financing. This initiative will further strengthen our capacity to address climate risks, measure their impact, and align with international standards.

By applying such advanced methodologies, Ardshinbank aims not only to expand its internal capabilities but also to empower clients and partners to embrace sustainable practices.

We are strong together, and through collaboration and shared vision, we are shaping a financial ecosystem that prioritizes sustainability, responsibility, and long-term growth.

The EIB Greening Financial Systems technical assistance programme is funded by the International Climate Initiative (IKI) Fund on behalf of the German Federal Ministry of Economic Affairs and Climate Action (BMWK). The programme is BMWK’s and the EIB’s joint contribution to the work of the NDC Partnership, specifically the Readiness Support for Greening Central Banks initiative.

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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.