ArmInfo.You can get a cashback of 1000 AMD while transferring money from your Visa card issued by Ardshinbank to any other Visa card abroad or while receiving a transfer to your Visa card. The Visa cardholders, who meet the basic requirements indicated below, can participate in the campaign. The campaign started on April 26, 2021 and will end on June 26, 2021, inclusive.

ArmInfo.From now on, all users of Russian Sberbank’s mobile app will be able to transfer money within a few seconds to the account of Ardshinbank clients. Instant money transfers are made through the SberBank Online application.

ArmInfo.Ardshinbank continues to expand the list of modernized branches providing a full package of modern banking services. On April 23, the bank reopened its Etchmiadzin branch. The opening ceremony was attended by city leaders, clients, as well as bank managers.

ArmInfo. Banking system of Armenia in the first quarter of 2021 reduced tax deductions to the state treasury by 3.2% per annum - to 12.15 billion drams ($ 22.9  million), against an increase of 12.6% a year earlier in the same  period.

ArmInfo.Ardshinbank, together with its international partners - “Visa” payment system and the Latvian corporation “D8”, launched the VTS (Visa Token Service) for secure contactless payments with VISA cards.  

ArmInfo.Ardshinbank and Visa offer their clients "smart" Visa payment rings. Visa Payment Ring is the first wearable device with a built-in NFC-module in the form of a ring with the ability to make payments and linked to the Visa cardholder’s account.

ArmInfo.Ardshinbank has completely modernized its branches in Hrazdan and Dilijan. Starting from March 31, the residents of Hrazdan and Dilijan towns are being served in the renovated, modern branches of Ardshinbank.

ArmInfo. On April 6, Ardshinbank will put up for sale a tranche of registered, coupon, non-documentary AMD and dollar bonds in the amount of 3.3 billion AMD and $10  million. According to the issue prospectuses posted on the Central  Bank's website, the initial placement of the dram tranche is  scheduled to be completed on June 11, and the dollar tranche-on  September 16.

ArmInfo. In 2021, the growth of the mortgage market will be recorded in Armenia, mainly due to the growth of lending for the purchase of real estate. This hope was  expressed by the Chairman Union of Banks of Armenia, Chairman of the  Ardshinbank Management Board  Artak Ananyan.

ArmInfo.Most likely, in 2021, the fight against the consequences of the “coronacrisis”  will continue, since, apparently, the pandemic is not going to recede yet.   This opinion was expressed by the Chairman of the Union of Banks of  Armenia, Chairman of the Board of Ardshinbank Artak Ananyan.

ArmInfo.The share of non-performing loans in the Armenian banking system may grow in the foreseeable future to 10% from the current 6.6%, but the banks ' reserves are sufficient to cover losses at the expense of capital. This forecast was made by the Chairman of  the Union of Banks of Armenia, Chairman of the Board of Ardshinbank Artak Ananyan,  noting that not only the banking system as a whole, but also each  bank individually, has a sufficient capital buffer to ensure  stability.

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ArmInfo.On March 17, the renovated branches of Ardshinbank were opened in Sisian and Yeghegnadzor. The branches "Sisian" and "Yeghegnadzor" will welcome customers in spacious, comfortable halls equipped with cutting-edge equipment.

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ArmInfo.Ardshinbank has introduced new generation ATMs with the contactless reading service. For now, 44 ATMs of the bank are already new and equipped with the contactless reading module. 

ArmInfo.The banking system of Armenia in 2020 reduced tax deductions to the state treasury by 10.1% - to 49.1 billion drams ($ 93.9 million). Of this amount, 87.2%  or 42.8 billion drams were paid under direct taxes, with a y-o-y  decline of 17%.

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