ARMSWISSBANK JOINS COMMUNITY OF RESPONSIBLE BANKS AS A UNEP FI MEMBER

ArmInfo.ARMSWISSBANK CJSC proudly announces its membership in the United Nations Environment Programme Finance Initiative (UNEP FI) and its commitment as a signatory to the UN Principles for Responsible Banking (PRB). This milestone reaffirms the Bank’s dedication to driving sustainable development and aligning its strategies with the goals of the Paris Agreement and the United Nations Sustainable Development Goals (SDGs).

Joining UNEP FI, a global partnership between the United Nations and the financial sector, places ARMSWISSBANK among an esteemed network of institutions committed to embedding sustainability at the core of their operations. As a signatory of the Principles for Responsible Banking, ARMSWISSBANK pledges to:

• Strategic Alignment: Align its business strategy with society’s needs, as expressed in the SDGs and the Paris Agreement.
• Sustainability Integration: Integrate environmental and social considerations into its decision-making processes.
• Accountability and Transparency: Publicly report on its positive and negative impacts, setting targets for performance.
• Collaboration and Innovation: Partner with stakeholders to deliver measurable change for sustainable development.

“Becoming a UNEP FI member and a signatory to the Principles for Responsible Banking marks a significant step in our journey towards sustainability,” said Mr. Gevorg Machanyan, CEO of ARMSWISSBANK. “We are committed to leveraging our resources, expertise, and partnerships to address global challenges such as climate change, inequality, and resource depletion while fostering economic growth.”

Over the years, ARMSWISSBANK has demonstrated leadership in sustainable finance by actively supporting green investments, renewable energy projects, and energy-efficient solutions. The Bank’s participation in initiatives such as the EBRD-GEFF Armenia program, KfW Bank programs and the development of blended financial products highlights its strategic focus on fostering a green and inclusive economy.

As part of its commitment under the PRB framework, ARMSWISSBANK will collaborate with other global financial institutions to share and adopt best practices and contribute to the transition to a low-carbon and resilient economy.

For further information on ARMSWISSBANK’s sustainability initiatives and its membership in UNEP FI, please call +374 60 757 000.