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Ardshinbank Donates 120 Million AMD to the Hayastan All-Armenian Fund

Socity

On November 28, 2024, the Hayastan All-Armenian Fund is hosting its 27th annual national charity telethon. During this event, Ardshinbank is donating 120 million AMD in support of strengthening and developing our country.

The all-Armenian fundraising campaign, held under the slogan “For You, Armenia!” unites the global Armenian community, directing our collective efforts toward the implementation of a number of national-scale projects. Ardshinbank could not miss the opportunity to join this cause. Through its involvement, the bank encourages its partners to join in and support the fund in addressing pan-Armenian issues.

Ardshinbank plans to ask the Hayastan All-Armenian Fund to allocate the full amount of the 120 million AMD donation toward the construction of a residential settlement in the village of Balahovit in the Kotayk region. This project aims to support individuals and families affected by mobility challenges, disabilities, or health issues sustained during the 44-day war. The project will be implemented in collaboration with the Soldier’s Home charitable NGO.

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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 operaretes 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.

The bank is regulated by the Central Bank of Armenia.

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