“ARMSWISSBANK” CJSC WAS SELECTED AS PARTNER OF EUROPEAN INVESTMENT BANK WITHIN THE PROGRAM “PRIVATE SECTOR FINANCING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) AND MIDCAPS” 07.05.2020 “ARMSWISSBANK” CJSC WAS SELECTED AS PARTNER OF EUROPEAN INVESTMENT BANK WITHIN THE PROGRAM “PRIVATE SECTOR FINANCING FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) AND MIDCAPS”

“ARMSWISSBANK” CJSC was selected as partner financial institution of European Investment Bank within the scope of the “Private sector financing for Small and Medium-sized Enterprises (SMEs) and MidCaps” program.



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ARMSWISSBANK PAID AMD 670 MLN TAXES IN the FIRST QUARTER OF 2020 23.04.2020 ARMSWISSBANK PAID AMD 670 MLN TAXES IN the FIRST QUARTER OF 2020

According to the report List of top 1000 large taxpayers and values of taxes paid by them by the results of January-March 2020 published by the State Revenue Committee, ARMSWISSBANK paid AMD 670 mln taxes in the first quarter of 2020, which is AMD 135 mln or 22% more than the indicator for the same period last year. Bank is in the 66th position in the list.



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“ARMSWISSBANK” CJSC JOINS THE SECOND PHASE OF KFW "ENERGY EFFICIENCY FOR MSME" LOAN PROGRAM 15.01.2020 “ARMSWISSBANK” CJSC JOINS THE SECOND PHASE OF KFW "ENERGY EFFICIENCY FOR MSME" LOAN PROGRAM

According to a loan agreement signed between “ARMSWISSBANK” CJSC and the Central Bank of Armenia, the Bank has joined the second phase of the Energy Efficiency for MSME loan program implemented by the KfW.



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The statutory capital of "ARMSWISSBANK" CJSC has been increased 27.12.2019 The statutory capital of "ARMSWISSBANK" CJSC has been increased

The statutory capital of "ARMSWISSBANK" CJSC has been increased through the placement of additional issued shares to support the further development of the Bank. Additional 2,079 shares were allocated that account for 14.25% of the statutory capital of the Bank. As a result the total number of Bank's allocated shares became equal to 16,667 shares, with the same face value per share of AMD 600,000. The statutory capital of the Bank (in face value terms) is equal to AMD 10,000,200,000.

Changes in the statutory capital of the Bank have been registered by the Central Bank of Armenia as prescribed.

The additional issued shares were acquired by “FMTM Distribution” LLC, which became the holder of 12.47% of total shares. The holder of the remaining 87.53% of shares is “HVS Holding” S.a.r.l. At the meantime, the well-known Swiss-Armenian businessman Vartan Sirmakes continues to be the Beneficiary owner of the 100% of the Bank's ordinary shares. As a result, the Bank's statutory capital (including emission income) amounts to over AMD 16.2 billion, and total capital exceeds AMD 60 billion.



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THE CUSTOMERS OF ARMSWISSBANK MAY MAKE INSTANT PAYMENTS BY EASY PAY PAYMENT SYSTEM 18.12.2019 THE CUSTOMERS OF ARMSWISSBANK MAY MAKE INSTANT PAYMENTS BY EASY PAY PAYMENT SYSTEM

We are pleased to inform that according to agency agreement signed between “Easy Pay” CJSC and “Armswissbank” CJSC the customers can make current and card account replenishments and loan / factoring repayments via Easy Pay terminals, as well as use Easy Wallet electronic wallet.

Transfers through Easy Pay system will provide customers with more flexibility and access to the services of the Bank.

Customers can transfer up to AMD 100,000 per transaction within one transaction with Easy Pay payment system with a commission fee of 300 AMD and with Easy Wallet up to AMD 200,000 per transaction in case of current and card account replenishment the commission for which will be 1% of the transaction amount and up to AMD 100,000 in case of loan / factoring repayment with a commission fee of 300 AMD.

Easy Pay is one of the largest instant payment system companies in Armenia, with 1600 terminals in Yerevan and other regions of Armenia.



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WITH THE FINANCING OF “ARMSWISSBANK” CJSC LARGEST SOLAR PANEL WAS LAUNCHED IN ARMENIA 14.11.2019 WITH THE FINANCING OF “ARMSWISSBANK” CJSC LARGEST SOLAR PANEL WAS LAUNCHED IN ARMENIA

On November 13, the official opening ceremony of the “ArSun 1-2” solar power plant took place in the Hrazdan, Kotayk region.

It was announced about the project just over a year ago, on November 14, during the event "Energy Week Armenia".



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ARMSWISSBANK ATTRACTED LENDING FUNDS FROM RESPONSABILITY INVESTMENTS AG 24.10.2019 ARMSWISSBANK ATTRACTED LENDING FUNDS FROM RESPONSABILITY INVESTMENTS AG

Armswissbank has obtained a loan amounting to USD 3 million and EUR 5 million and with a 5-year maturity from an private debt fund managed by leading impact asset manager responsAbility Investments AG. The funds will be used to increase the Bank's lending activities.

“We attach great importance to expanding partnerships with international financial institutions through the involvement of new partners. This is the first transaction between Armswissbank and responsAbility Investments AG and we are hopeful that the continued cooperation between our companies will contribute to providing more favorable credit conditions to our clients” said Executive Director of Armswissbank Gevorg Machanyan.



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ARMSWISSBANK AS THE PARTNER OF “MY STEP FOR TAVUSH” BUSINESS FORUM 25.06.2019 ARMSWISSBANK AS THE PARTNER OF “MY STEP FOR TAVUSH” BUSINESS FORUM

ARMSWISSBANK participated at “My Step for Tavush” investment business forum held in June 22-23 in Dilijan, Tavush province as sponsor.

During forum the potential of Tavush Province was presented, as well as, various large and small investment projects was proposed and discussed. After forum exhibition was held.



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ARMSWISSBANK'S BONDS WORTH 5 MILLION LISTED IN ARMENIAN STOCK EXCHANGE 05.06.2019 ARMSWISSBANK'S BONDS WORTH 5 MILLION LISTED IN ARMENIAN STOCK EXCHANGE

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



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ARMSWISSBANK PARICIPATES IN SUSTAINABLE FINANCING REGIONAL FORUM 31.05.2019 ARMSWISSBANK PARICIPATES IN SUSTAINABLE FINANCING REGIONAL FORUM

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



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