Banks in Armenia

There are multiple banks currently active in Armenia, with some local institutions and others operating as international branches. While a few mergers have newly occurred in the past few years, it does not appear as if other acquisitions are in store for now.

Armenian Development bank has merged with Araratbank; Areximbank-Gazprombank was acquired by Ardshinbank; Cascade Bank merged with Ameriabank, BTA Bbank merged with ArmEconomBank; and ProCredit Bank was acquired just over a year ago by InecoBank. 

The full list includes:

Amiobank:
Opened in 1994 as the legal successor of the "Arminvestbank" operating since 1991.
Address: Nalbandyan str. 48, Yerevan
Contact: +374 10 59 20 20
E-mail: [email protected]

ACBA Bank:
Opened in 1996.
Address: Arami str. building No 82-84, territory No 87,89,99,100, Yerevan
Contact: +374 10 31 88 88
E-mail: [email protected]

Araratbank:
Opened in 2004.
Address: Pushkini str. 19, Yerevan
Contact: +374 10 59 23 23
E-mail: [email protected]

Ameriabank: 
Opened in 1910 as the Yerevan branch of the Caucasus Trade Bank and in 1992 became known as Ameriabank.
Address: Grigor Lusavorich str.9, Yerevan
Contact: +37410 56 11 11 or +37412 56 11 11
E-mail: [email protected]

Ardshinbank:
Opened in 2003. 
Address: G.Lusavorchi 13, G.Lusavorchi 13/1, Yerevan
Contact: +37412 22 22 22, +37410 59 04 04
E-mail: [email protected]

ArmEconomBank:
Opened in 1991ю
Address: Amiryan str. 23/1,Yerevan
Contact: +374 80 00 86 86 ,+374 33 00 86 86 
E-mail: [email protected]

ArmSwissBank:
Opened in 2004.
Address: Vazgen Sargsyan str.10 Yerevan
Contact:: +374 60 75 70 00, +374 11 75 70 00

E-mail: [email protected]

Artsakhbank:
Opened in 1996.
Address: Charents str. 1b, Yerevan
Contact: +374 12 77 77 72
E-mail: [email protected]

Byblos Bank Armenia:
Opened in 2000 as the legal successor of the "International Trade Bank" operating since 1992.
Address: Amiryan str.18/3, Yerevan
Contact: +374 60 61 61 00
E-mail: [email protected]

Converse Bank:
Opened in 1993 as "North Armenian Shareholding Bank" and incorporated into Converse Bank in 1997. 
Address: V.Sargisyan str. 26/1, Yerevan
Contact: +374 10 511 211 

E-mail: [email protected]

HSBC Bank Armenia:
Opened in 1996 as "Midland Armenia Bank" and incorporated into HSBC Bank Armenia in 1999.
Address: Teryan str. 66,Yerevan
Contact:  +374 60 655 566
E-mail: [email protected]

InecoBank:
Opened in 1996.
Address: Tumanyan str. 17, Yerevan
Contact: +374 10 510 510
E-mail: [email protected]

Mellat Bank:
Opened in 1995.
Address: Tumanyan 5a, No 45, Yerevan
Contact: +374 60 38 88 88 
E-mail: [email protected]

Unibank:
Opened in 2001.
Address: Charents str. building 12, No 1-5, No 53, Yerevan
Contact: +374 59 55 55
E-mail: [email protected]

VTB Armenia:
Opened in 1993 as the "ArmSavingsBank" and incorporated into VTB Armenia in 2006.
Address: Nalbandyan str. 46, Yerevan
Contact: +374 80 00 87 87 
E-mail: [email protected]

Fast Bank

Opened in 2022. 

Address: 32/6 Hovsepyan Str., Yerevan

Contact: +374 10 51 00 00 

E-mail: [email protected]

There are also multiple development banks in Armenia, with the Asian Development Bank having its representative branch here since 2005, the Interstate Bank from 1994, the PanArmenian Bank operating since 2008, and the Rosselkhozbank, a special state agricultural bank from Russia, having opened its doors in 2012. While the former two banks are focused on regional development, the PanArmenian is centered on enterprise and has been transformed into an investment fund.

For more information on the banking system and news on the financial/economic status of Armenia, check the Central Bank of Armenia website, as well as ArmBanks.am.