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The Acba bank was established in 1996, within TACIS program of the European Union. It is the biggest bank in Armenia for agriculture financing, especially in rural areas. [ 2 ] [ 3 ] It has 57 branches countrywide and had its IPO in 2021.
Ameriabank was established in 1910 as a branch of Caucasian Trade Bank, which during the Soviet era was transformed into the Armenian branch of the Foreign Trade Bank of the USSR. It became a standalone bank again in 1992 after it obtained a banking license from the Central Bank of Armenia. By 2014, it had won the Euromoney award for best bank ...
The top five banks by size of net profit were Ameriabank, Inecobank, Ardshinbank, Acba bank and IDBank. Ameriabank was the most profitable bank posting a total of 7.6 billion drams of net profit, an increase of 23.89% over the previous year. [ 22] According to data from first 3 quarters of 2017 the five leading banks in terms of mortgage ...
The Central Bank of Armenia ( Armenian: Հայաստանի Կենտրոնական Բանկ, romanized : Hayastani Kentronakan Bank) is the central bank of Armenia with its headquarters in Yerevan. The CBA is an independent institution responsible for issuing all banknotes and coins in the country, overseeing and regulating the banking sector ...
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450 (2023) Website. www .evoca .am. Evocabank is an Armenian commercial bank with headquarters in Yerevan . As of 17 January 2023, Mareta Gevorkyan owns 100% of the ordinary shares, as well as 100% of preferred shares issued in 2016, 99.9% of preferred shares issued in 2020 and 100% of preferred shares issued in 2022.
Website. cda.am. The Central Depository of Armenia ( CDA) ( Armenian: Հայաստանի կենտրոնական դեպոզիտարիա, romanized : Hayastani kentronakan depozitaria) is the Central Depository of Armenia, established in 1996. The CDA is one of the oldest securities market institutions in the country and is headquartered in Yerevan.
Banking in Armenia. In order to support the sector and increase availability of loans, the Central Bank of Armenia (CBA) started the process of monetary policy easing by systematically lowering the refinancing rate, which decreased by 4.5p.p. down to 6% between 2015-2017. This has pushed banks to revise rates on loans and deposits downwards ...