27 May 2026Rating:5.0
Very friendly staff and top-notch service
Lilit Saribekyan ArmSwissBank Source: Google
ArmSwissBank
Information about products and services from ArmSwissBank
Products
Bank's exchange rates
Last update: 06 Oct, 20:47
ArmSwissBank
CurrencySell to the bankBuy from the bank
- EUR403.5410
- RUB4.144.32
- USD360.5364.5
Central Bank Rates
All currency exchange ratesCurrency05 Oct06 Oct
- EUR405.3-0.49% 407.19+0.47%
- RUB4.26-1.60% 4.24-0.61%
- USD361.81-0.20% 362.14+0.09%
Best offers
ArmSwissBankCumulative term deposit
Interest rate
2.25%
Term
733-1095 days
Amount
to 71 700€
ArmSwissBankCumulative term deposit
Interest rate
4%
Term
733-1095 days
Amount
to 82 700$
ArmSwissBankCumulative term deposit
Interest rate
6.25%
Term
733-1095 days
Amount
to 6 988 000₽
ArmSwissBankCumulative term deposit
Interest rate
1.75%
Term
368-732 days
Amount
to 71 700€
ArmSwissBankCumulative term deposit
Interest rate
3.75%
Term
368-732 days
Amount
to 82 700$
Effective rate
13.8% - 15.3%
Rate
13% - 14%
Amount
to 100 000 000֏
Down payment
from 0%
Effective rate
9.96% - 12.47%
Rate
9.5% - 11.5%
Amount
to 200 000$
Down payment
from 0%
ArmSwissBankAffordable housing for young families
Effective rate
3.31% - 8.08%
Rate
7% - 7.5%
Amount
to 27 750 000֏
Down payment
from 7%
State program
ArmSwissBankAffordable housing for military personnel
Effective rate
6.22% - 6.55%
Rate
11%
Amount
to 25 650 000֏
Down payment
from 10%
State program
ArmSwissBankThe National Mortgage Company Program
Effective rate
12.05% - 15.5%
Rate
11.25% - 13.75%
Amount
to 60 000 000֏
Down payment
from 10%
Issue:
Free of charge
Maintenance:
15 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
Passages to business lounges
Issue:
Free of charge
Maintenance:
10 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
No
Issue:
Free of charge
Maintenance:
5 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
No
Issue:
Free of charge
Maintenance:
50 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
Passages to business lounges
Information about ArmSwissBank
General information
Full legal name
"ArmSwissBank" CJSC
Founded
2004
CB of Armenia License
№84
Website
armswissbank.am/enOn the map (2)
Financial Indicators (2025)
Total Assets
AMD 473.2 billion
Loans and Advances
AMD 220.4 billion
Equity
AMD 90.36 billion
Net Profit
AMD 9.12 billion
Annual Report
OpenBank details
CB of Armenia License
№84
Registration date
25 Feb 2005
Bank code
25000
SWIFT code
ARSJAM22
Chairman
George Machanyan
About the Bank
ArmSwissBank is a specialized Armenian bank focused on corporate and investment banking, private banking, trade finance and securities market services. The bank serves businesses, SMEs, private clients, investors and financial intermediaries.
ArmSwissBank was established and licensed in Armenia and is not a Swiss bank or a branch of a Swiss bank. The bank operates without branches, with customer service provided at its head office. In addition to its corporate and investment banking activities, ArmSwissBank develops sustainable and green finance, including through cooperation with international financial institutions.
History
2004 — Foundation
ArmSwissBank was registered with the Central Bank of Armenia on October 7, 2004.
2005 — License
On February 25, 2005, the Central Bank of Armenia issued ArmSwissBank banking license No. 84.
2019 — Capital increase
In December 2019, ArmSwissBank's charter capital was increased through an additional share issue, FMTM Distribution Limited became a new direct shareholder with a 12.47% stake.
2025 — GCF accreditation
On February 18, 2025, ArmSwissBank received accreditation from the Green Climate Fund and became the first and only private organization in Armenia accredited by the GCF.
2026 — EBRD and EU financing
n June 2026, the EBRD, together with the European Union, provided ArmSwissBank with a $20 million financing package to expand access to finance for SMEs owned or managed by young entrepreneurs and refugees.
ArmSwissBank business activities and areas of specialization
Activities
Corporate banking, investment banking, private banking, SME financing, trade finance, factoring and leasing, securities operations, sustainable and green finance.
Key products and services
Target Segments
Corporate clients, SMEs, private clients, investors and financial intermediaries.
Digital Products
ArmSwiss Mobile Banking, Internet Banking, ArmSwiss Token
International Affiliation
ArmSwissBank is not a Swiss bank or a branch of a Swiss bank and operates under Armenian law. The significant direct shareholders are HVS Holding AG with 87.53% and FMTM Distribution Limited with 12.47%, Vartan Sirmakes is the ultimate beneficial owner of 100% of the shares.
Leadership
Gevorg Machanyan
Executive Director
Gevorg Machanyan has served as Executive Director of ArmSwissBank since the bank's establishment and has more than 40 years of experience in finance. He held senior positions at the Central Bank of Armenia for about 20 years, including Chief Auditor and Head of Internal Audit. He also participated in major infrastructure projects, including the implementation of the ArCa and SWIFT payment systems in Armenia.
Awards
2025 — Most Active Issuing Bank in Armenia - EBRD
ArmSwissBank was named the 2025 Most Active Issuing Bank in Armenia under the EBRD Trade Facilitation Programme. The award was presented in June 2026, and the bank received it for the eighth consecutive year.
Source2025 — Green Climate Fund accreditation
In 2025, ArmSwissBank became the first and only private organization in Armenia accredited by the Green Climate Fund, gaining the ability to directly attract up to $50 million in concessional financing for climate projects.
Source
ArmSwissBank online services
Bank branches and ATMs map
Bank reviews
Lilit Saribekyan ArmSwissBank Source: Google29 Jan 2025Rating:5.0
Best rates for having an account. Only bank in Armenia which does not charge you money to have an account (assuming you have enough to become a customer in the first place). Also, when canceling a savings deposit, you still get a small amount of your interest added, even if it happened before the end of your period.
Armen ArmSwissBank Source: Google23 Oct 2024Rating:5.0
Amazing Bank, Amazing staff . Specially Arsen . The best bank in Armenia
Boris Ayvazyan ArmSwissBank Source: Google08 Apr 2024Rating:5.0
A very professional and knowledgeable staff. Quite high-end banking experience.
Gurgen Hakobyan ArmSwissBank Source: Google20 Mar 2024Rating:3.0
Advantage: often are among the best banks in Armenia by amount of ֏ offered per foreing currency. Today their rate for RUR exceeds the one of street exchange points. Disadvantages: work during business time only, slow service.
Innocenti Maresin ArmSwissBank Source: GoogleNews about ArmSwissBank
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