13 Aug 2024Rating:1.0
The most unprofessional bank the workers are rude and Slow!! We waited for 45 minutes to do simple transaction!!! This is not bank !! It money laundering location for Kocharyan family!!!!
Shant Sevag Artsakhbank Source: Google
Artsakhbank
Information about products and services from Artsakhbank
Bank's exchange rates
Last update: 06 Oct, 21:47
Artsakhbank
CurrencySell to the bankBuy from the bank
- EUR403413
- RUB4.084.3
- USD360365
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
ArtsakhbankCumulative
Interest rate
4.25%
Term
1095 days
Amount
to 826 900$
ArtsakhbankCumulative
Interest rate
9.5%
Term
1095 days
Amount
to 300 000 000֏
ArtsakhbankCumulative
Interest rate
3.5%
Term
730 days
Amount
to 826 900$
ArtsakhbankCumulative
Interest rate
9%
Term
730 days
Amount
to 300 000 000֏
ArtsakhbankCumulative
Interest rate
2.5%
Term
365 days
Amount
to 826 900$
Artsakhbank"National Mortgage Company" Loans
Effective rate
13.79% - 20.66%
Rate
12.5% - 14.5%
Amount
to 25 000 000֏
Down payment
from 7%
ArtsakhbankAffordable Housing for Young Families
Effective rate
2.85% - 8.66%
Rate
6.5% - 7.5%
Amount
to 27 750 000֏
Down payment
from 7%
State program
ArtsakhbankReal Estate Acquisition
Effective rate
15.61% - 22.67%
Rate
14.5% - 16%
Amount
to 75 000 000֏
Down payment
from 10%
ArtsakhbankReal Estate Acquisition
Effective rate
11.73% - 17.81%
Rate
11% - 13%
Amount
to 175 000$
Down payment
from 10%
ArtsakhbankLoan for construction/renovation
Effective rate
15.66% - 20.47%
Rate
14.5% - 16%
Amount
to 50 000 000֏
Down payment
from 0%
The card is completely free
Cashback
No
Interest on balance
1%
Bonuses
No
Issue:
Free of charge
Maintenance:
16 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
Passages to business lounges
Issue:
Free of charge
Maintenance:
12 000֏ / year
Cashback
No
Interest on balance
1%
Bonuses
No
Issue:
Free of charge
Maintenance:
10 000֏ / year
Cashback
No
Interest on balance
No
Bonuses
No
The card is completely free
Cashback
2%
Interest on balance
No
Bonuses
No
ArtsakhbankUnsecured Express loan
Effective rate
18.31% - 20.71%
Amount
to 2 000 000֏
Term
up to 5 years
ArtsakhbankStudent Loans (State Program)
Effective rate
6.2% - 7.25%
Amount
to 4 000 000֏
Term
up to 10 years
ArtsakhbankStudent Loans
Effective rate
17.2% - 19.13%
Amount
to 1 800 000֏
Term
up to 7 years
ArtsakhbankGold Secured Loans
Effective rate
12.71% - 21.9%
Amount
to 20 000 000֏
Term
up to 5 years
Information about Artsakhbank
General information
Full legal name
"Artsakhbank" CJSC
Founded
1996
CB of Armenia License
№75
Head office
1B Charents St., Yerevan 0025, ArmeniaWebsite
artsakhbank.am/en/homeOn the map (21)
Financial Indicators (2025)
Total Assets
AMD 186.1 billion
Loans and Advances
AMD 26.56 billion
Equity
AMD 39.76 billion
Net Profit
AMD 4.12 billion
Annual Report
OpenBank details
CB of Armenia License
№75
Registration date
14 Aug 1996
Bank code
22300
SWIFT code
ARTSAM22
Chairman
Artak Balayan
About the Bank
Artsakhbank is a bank in Armenia serving private clients, entrepreneurs and businesses. The bank provides lending, deposit, card and payment services, international transfers, securities operations and digital banking services.
Artsakhbank has operated since 1996 under Central Bank of Armenia banking license No. 75. The bank has a network of 8 branches and develops both traditional banking services and remote banking through Artsakhbank Mobile and online banking. Since 2026, new customers can also complete remote identification and open an account without visiting a branch.
History
1996 — Foundation
Artsakhbank was established in 1996, on August 14, 1996, the Central Bank of Armenia issued banking license No. 75 to the bank.
2020 — Mobile banking
On August 1, 2020, the bank launched the Artsakhbank Mobile application.
2020 — ISO 27001 certification
On December 30, 2020, Artsakhbank received ISO/IEC 27001:2013 certification for information security management.
2025 — Homplex branch
In 2025, the Central Bank of Armenia registered the Homplex branch, which became the bank's eighth operating branch.
2026 — Online onboarding
In March 2026, Artsakhbank launched the option to become a bank customer fully online through Artsakhbank Mobile, with remote identification and account opening.
Artsakhbank business activities and areas of specialization
Activities
Retail banking, lending to private clients and businesses, mortgage lending, deposits, card and payment services, international transfers, securities operations, leasing and factoring.
Key products and services
Target Segments
Private clients, entrepreneurs, SMEs and corporate clients.
Digital Products
Artsakhbank Mobile
International Affiliation
Artsakhbank is not part of an international banking group. The largest shareholder is CJSC Business Development of Armenia with a 97% stake, other resident legal entities hold 0.06%, resident individuals hold 2.9%, non-residents hold 0.0006%.
Leadership
Artak Balayan
Chairman of the Management Board
Artak Balayan has served as Executive Director and Chairman of the Management Board of Artsakhbank since June 2017. He has worked at the bank since 1998 and previously held management positions in internal audit and asset and liability management. Before returning to the bank in 2017, he held senior positions in the tax and economic sectors.
Awards
2025 — Excellence in New Product Delivery - Mastercard
Based on 2025 results, Artsakhbank received the Mastercard Excellence in New Product Delivery award for its work in introducing new products.
Source
Artsakhbank online services
Bank branches and ATMs map
Bank reviews
Shant Sevag Artsakhbank Source: Google07 Dec 2017Rating:1.0
The worst bank
Vak Karapetian Artsakhbank Source: Google09 May 2017Rating:1.0
They are still in 19th century.
Karapet Kuyumjyan Artsakhbank Source: Google04 Dec 2015Rating:1.0
Bad Bank!
Vardan Abrahamyan Artsakhbank Source: Google16 Nov 2015Rating:1.0
Don' recommended this bank.
Tigran Petrosyan Artsakhbank Source: Google
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