On June 5, ARMSWISSBANK CJSC bonds worth USD 5 million were listed on AMX Stock Exchange platform.

ARMSWISSBANK participates in Sustainable Finance Forum during May 22 – 23 in Yerevan, Armenia as sponsor.

ARMSWISSBANK CJSC was awarded the "Most Active Issuing Bank in 2018 in Armenia" by the European Bank for Reconstruction and Development (EBRD), at their annual meeting held in Sarajevo on May 7, 2019.

This award comes to attest the Bank’s successful and year by year growing activity within the scope of Trade Finance with EBRD. Currently, ARMSWISSBANK has USD 15 mln limit approved by EBRD. Moreover, the Bank was awarded a status of “Confirming Bank” in July 2014, within the framework of Trade Facilitation Program (TFP).

Within the framework of the annual Award Ceremony organized by the Armenian Stock Exchange (AMX) and the Central Depository "ARMSWISSBANK" CJSC has been awarded "Exchange Member in the Corporate Securities Market 2019" and "Member of Stock Exchange Settlement System 2019".

At the same time, it is worth mentioning that "ARMSWISSBANK" CJSC was recognized as "The Best Exchange Member in the State Bonds Market" in 2010, and "The Best Stock Exchange Member", as well as "Exchange Member in the Corporate Securities Market" and "Member of Stock Exchange Settlement System" in 2015.

ARMSWISSBANK has been awarded by Frontclear, one of the world's leading financial market development companies for cross-currency repo transactions amounted AMD 6.6 bln (USD 13.5 mln) within the scope of the Global Master Repurchase Agreement (GMRA) signed between the EBRD and ARMSWISSBANK in January 2018. Frontclear acted as a guarantor of the mentioned transactions.

It is worth mentioning, that for the first time in Armenian financial market ARMSWISSBANK implemented cross-currency repo transaction with the financing of EBRD and attracted funds covered by Armenian government US Dollar denominated Eurobonds.

ARMSWISSBANK and the International Investment Bank have signed a framework agreement within the scope of Trade Finance Support Program following the approval by the IIB of a EUR 2 mln trade finance limit for ARMSWISSBANK. Collaboration will enable the Bank to offer its customers TFP products on more competitive terms.

Within the framework of trade financing, the Bank also cooperates with its traditional partners - EBRD, ADB and the Italian UBI Bank. At the same time, the Bank is continuously working to establish cooperation with other international organizations.

International Investment Bank founded in 1970. The member countries are Bulgaria, Hungary, Vietnam, Cuba, Mongolia, the Russian Federation, Romania, Slovakia and the Czech Republic. Rated BBB+ (outlook stable) by S&P, A3 (outlook stable) by Moody’s, BBB+ (outlook stable) by Fitch and A (outlook positive) by Dagong. The IIB is focused on medium- and long-term financing of projects aimed at supporting the development of the economies of IIB member countries with positive social, environmental and economic impacts. The Bank provides loans directly, in cooperation with other financial institutions, or through partner banks.

With the financing of EBRD, ARMSWISSBANK has attracted funds covered by Armenian government US Dollar denominated Eurobonds. The transaction was guaranteed by Frontclear, one of the world's leading money market company.

The transaction has a strong demonstrative effect on local financial markets since it was implemented within the framework of the Global Master Repurchase Agreement (GMRA) signed between the EBRD and ARMSWISSBANK in January 2018, which allows the parties to conclude repo deals with each other.

Details- https://bit.ly/2GmeIyX

The European Bank for Reconstruction and Development (EBRD) and ARMSWISSBANK have concluded 2 new loan agreements under GCF-GEFF Armenia Energy Efficiency Program and SME lending Program.

Within the scope of SME lending facility clients will be offered business loans in AMD for up to 5 years maturity with competitive market conditions.

Within the scope of GCF-GEFF Armenia Energy Efficient Program clients will be offered loans for up to 7 years maturity with preferential terms. Funding will be available for investments in green technology, especially in climate adaptation and mitigation technologies. It is worth mentioning, that within the framework of this program, customers will be able to get free technical assistance and, in case of meeting certain requirements, also benefit from investment incentives for up to 20% of the loan amount funded by the Strategic Climate Fund (SCF) through the Scaling-Up Renewable Energy Program (SREP). Financing in Energy Efficient projects was always amongst strategic directions of ARMSWISSBANK, which focus on contributing to improve and protect our future.

ARMSWISSBANK cooperates with EBRD since 2010, has signed 5 agreements totaling more than USD 35 mln. The cooperation between the Bank and the EBRD has developed in a number of directions, in particular: within the scope of SME lending program, Trade Finance Program, Caucasus Energy Efficiency Program and General Master Repurchase Agreement accepted by International Capital Markets Association.

As an assurance of development of cooperation with EBRD, in July 2014, ARMSWISSBANK was awarded a status of “Confirming Bank” by EBRD.

The article “ARMENIA, SOLAR POWER AND ARMSWISSBANK: THE BANK CONNECTS ARMENIAN ORGANIZATIONS TO THE SUN” has been published in international authoritative magazine Global banking and finance review.

The article is here.

Let’s remember that the Bank was announced the best trade finance bank in Armenia 2018

With the financing of ARMSWISSBANK and within the scope of Renewable Energy Program “Tom and Mir” Company cooperating with GSS Company installed 35 kW solar powered (photovoltaic) station, which will produce average 56,700 kW/h electricity per year.