"ARMSWISSBANK" CJSC champions Armenia’s economic ambitions — combining Swiss-backed expertise, strong governance, and innovative corporate banking to connect regional and global markets.

ARMSWISSBANK has created a niche in Armenia’s financial system. What defines its role today?

I am the Chairman of the Management Board and Executive Director of "ARMSWISSBANK" CJSC. About 20 years ago, I was invited by Vartan Sirmakes, a Swiss businessman of Armenian origin, to establish an internationally oriented bank in Armenia. While ARMSWISSBANK benefits from Swiss equity and expertise, it is a fully licensed Armenian bank — locally rooted and independently operated.

ArmSwissBank is proud to announce that its campaign, “Climate Intelligence: ArmSwissBank Leads Green,” has been recognized as the winner in the Climate Change and Literacy category at the 2025 IPRA Golden World Awards (GWA).

ArmSwissBank now offers its customers the World Mastercard — a premium card from the international Mastercard system, designed to provide exclusive privileges both in Armenia and around the world.

ArmSwissBank has officially published its first Climate Transition Plan, marking its first formal climate transition strategy aligned with the goals of the Paris Agreement and Armenia’s long-term decarbonization pathway.

Within the framework of the 34th business conference of the European Bank for Reconstruction and Development (EBRD) in London on May 13-15, 2025, based on the results of the previous year's growing Trade Finance Program (TFP), ArmSwissBank CJSC was awarded “2024 Most Active Issuing Bank in Armenia" and "2024 Green Deal of the Year: Water Sector".

ArmSwissBank is proud to announce the launch of a new B2B payment solution in partnership with Visa, becoming the first bank in the Armenian market to offer this innovative service.

Visa B2B Connect is a cutting-edge payment network for business-to-business transactions between legal entities. By joining Visa B2B Connect, ArmSwissBank expands its ability to facilitate fast, secure, and efficient international transfers with member banks and other financial institutions across approximately 118 countries.

Sustainable financing is a strategic direction for ArmSwissBank. The Bank is dedicated to fostering sustainable and environmentally responsible investments. Being part of institutions with similar values and providing reliable, consistent reports to stakeholders is significant.

"ArmSwissBank" CJSC has signed a €20 million guarantee agreement with the European Investment Fund (EIF), marking the first such agreement in Armenia.

The new financial instruments aim to boost Armenia’s economic development by supporting small and medium-sized enterprises (SMEs) and women’s entrepreneurship.

On February 18, 2025, during the 41st annual Green Climate Fund (GCF) Board meeting held in South Korea, ARMSWISSBANK CJSC received accreditation, becoming the first and only private entity in the Republic of Armenia to be accredited by the GCF.

Nominated by Armenia’s state-authorized bodies, ARMSWISSBANK has been undergoing the accreditation process with the Green Climate Fund since 2020. With this accreditation, the bank gains direct access to the world’s largest climate finance fund, attracting up to $50,000,000 in concessional funding for projects aligned with Armenia’s climate agenda.

ARMSWISSBANK introduces the innovative and exclusive Mastercard® Business Preferred premium card, specially designed for corporate and legal entity clients. This card is tailored for business professionals, providing maximum convenience, high-level security, and premium privileges worldwide.

Mastercard® Business Preferred cardholders receive a complimentary LoungeKey membership, which grants access to over 1,100 airport business lounges in more than 135 countries and 450 cities. Travelers can enjoy premium service and a comfortable environment.