07 Apr 2026Rating:1.0
They didn't do anything at all for Iranian people and also they have the worst attitude among all of the Yerevan banks. I don't know why they are exist yet!
TheBorr Mellat Bank Source: Google
Mellat Bank
Information about products and services from Mellat Bank
Products
Bank's exchange rates
Last update: 06 Oct, 20:47
Mellat Bank
CurrencySell to the bankBuy from the bank
- EUR400413
- RUB44.5
- USD——
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
Mellat BankMellat Deposit
Interest rate
2%
Term
731-1095 days
Amount
to 300 000€
Mellat BankMellat Deposit
Interest rate
2.2%
Term
731-1095 days
Amount
to 300 000€
Mellat BankMellat Deposit
Interest rate
3.7%
Term
731-1095 days
Amount
to 300 000$
Mellat BankMellat Deposit
Interest rate
3.9%
Term
731-1095 days
Amount
to 300 000$
Mellat BankMellat Deposit
Interest rate
9.4%
Term
731-1095 days
Amount
to 150 000 000֏
Mellat BankMortgage loan
Effective rate
12.5% - 15.5%
Rate
12% - 15%
Amount
to 250 000 000֏
Down payment
from 30%
Mellat BankMortgage loan
Effective rate
8.5% - 11.55%
Rate
8% - 11%
Amount
to 500 000$
Down payment
from 30%
Mellat BankMortgage loan
Effective rate
6.4% - 7.9%
Rate
6% - 7.5%
Amount
to 450 000€
Down payment
from 30%
Mellat BankLoan for property renovation
Effective rate
13.5% - 15.5%
Rate
13% - 15%
Amount
to 150 000 000֏
Down payment
from 0%
Mellat BankLoan for property renovation
Effective rate
8.5% - 11.55%
Rate
8% - 11%
Amount
to 300 000$
Down payment
from 0%
Mellat BankExpress Consumer Loan
Effective rate
16.5% - 21%
Amount
to 3 000 000֏
Term
up to 3 years
Mellat BankPrivilege Loan
Effective rate
15.4% - 18.7%
Amount
to 5 000 000֏
Term
up to 4 years
Information about Mellat Bank
General information
Full legal name
"Mellat Bank" CJSC
Founded
1992
CB of Armenia License
№78
Website
mellatbank.am/hyOn the map (1)
Financial Indicators (2025)
Total Assets
AMD 128.3 billion
Loans and Advances
AMD 47.92 billion
Equity
AMD 65.72 billion
Net Profit
AMD 6.89 billion
Annual Report
OpenBank details
CB of Armenia License
№78
Registration date
10 Jan 1995
Bank code
20800
SWIFT code
BKMTAM22
Chairman
Seyedgholamreza Moussavi
About the Bank
Mellat Bank is a commercial bank in Armenia serving private clients, entrepreneurs, SMEs and corporate clients. The bank provides loans, accounts, deposits, money transfers, escrow accounts, letters of credit, bank guarantees and investment services, with a particular focus on supporting Armenian-Iranian trade and financial relations.
Mellat Bank was established in 1992 within the framework of cooperation between Armenia and Iran as the Yerevan unit of Iran's Bank Mellat and began banking operations in 1995. It was later reorganized as a separate subsidiary bank. Today, Mellat Bank is 100% owned by Bank Mellat of I.R.I. The bank develops lending, account and deposit services, trade finance and investment services and has a specialized role in supporting financial and commercial transactions between Armenia and Iran.
History
1992 — Establishment
In May 1992, Mellat Bank was established on the basis of friendship and cooperation agreements between the Republic of Armenia and the Islamic Republic of Iran as the Yerevan unit of Iran's Bank Mellat.
1995 — Start of banking operations
On January 10, 1995, the Central Bank of Armenia issued banking license No. 78, after which the Yerevan unit began banking operations.
1997 — Reorganization
On September 2, 1997, the Yerevan branch was reorganized into a separate subsidiary bank in the form of a closed joint-stock company.
2005 — Change in legal status
On July 27, 2005, the bank formally continued its operations as Mellat Bank CJSC.
2025 — 30 years in Armenia
In May 2025, Mellat Bank marked 30 years of banking operations in Armenia and announced the relocation of its head office to a new building at 19 Charents St.
Mellat Bank business activities and areas of specialization
Activities
Lending to private clients and businesses, bank accounts, deposits, money transfers, foreign exchange operations, escrow accounts, letters of credit, bank guarantees, investment services, servicing Armenian-Iranian trade operations.
Key products and services
Target Segments
Private clients, entrepreneurs, SMEs, corporate clients, participants in Armenian-Iranian trade, clients requiring international settlements and trade finance.
International Affiliation
Mellat Bank is 100% owned by Bank Mellat of I.R.I., Iran. The bank's charter capital is AMD 32.1 billion and is fully provided by the parent Bank Mellat.
Leadership
Seyed Gholamreza Mousavi
Executive Director
Seyed Gholamreza Mousavi is Executive Director of Mellat Bank Armenia. In an interview marking the bank's 30th anniversary in 2025, he stated that he had worked within the Bank Mellat system for 27 years, including 15 years in Armenia. Under his leadership, the bank continues to develop lending and services supporting Armenian-Iranian economic relations.
Awards
2025 — 30 years of banking operations in Armenia
In 2025, Mellat Bank marked 30 years of banking operations in Armenia. Over this period, the bank's customer base grew from about 100 customers at the start to nearly 5 000 customers.
Source
Mellat Bank online services
Mellat BankBank branches and ATMs map
Bank reviews
TheBorr Mellat Bank Source: Google06 Jan 2025Rating:4.0
appreciating for existence of this Mellat bank , the only weak point is its offline working , no internet activities at present time is not acceptable
Hamidreza Ebadian Mellat Bank Source: Google02 Feb 2020Rating:5.0
Good services and nice staff.
Mohsen Yeganeh Mellat Bank Source: Google17 Oct 2017Rating:3.0
Strange thing. This bank has a Iranian origin, but it does not exchange cash Iranian money with AMD, USD or any other currency.
Arthur Grigoryan Mellat Bank Source: Google17 Dec 2015Rating:4.0
Working time of Mellat Bank is Monday to Friday from 09:30 am to 4:30 pm.
Arpi Khachikian Mellat Bank Source: Google
Products of Armenian banks