About us
ABOUT USFull name of the Bank: “Bank for Industry, Construction and Investment“ Closed Joint-Stock Company
Short name of the Bank: “Ardshininvestbank” CJSC
HISTORY
2003 Was registered by the decision of the RA Central Bank Board (license N 83)
Acquired a significant part of assets and liabilities, as well as wide branch network
Acquired the main business share of Armagrobank along with its infrastructure
2004 Participant of Security market (on the basis of permanent tripartite agreements #19/200941 and #19/200942 signed between Ardshininvestbank, RA Central Bank and RA Ministry of Finance and Economy)
2005 Dealer for Treasury bills issued by the RA Central Bank (on the basis of agreement #19/250555 signed with the RA Central Bank)
Participant of "Armenian Stock Exchange" Self-regulatory Organization (present "NASDAQ OMX Armenia")
Participant of foreign exchange trading organized at the Armenian Stock Exchange (present "NASDAQ OMX Armenia")
Established by
"Rasco-Armenia" CJSC
"Center for Business Investments" LLC
The Shareholders
"Center for Business Investments" LLC
International Financial Corporation
"International Business Center" Joint Venture CJSC
Individuals
Participation in loan programs
World Bank programs for
– Assistance to Agricultural Reforms
– Development of Enterprises
International Migration Organization
National Center for Small and Medium Business Development in Armenia
Urban heating and energy saving projects of the German-Armenian Fund
International fund for Agricultural Development
– Economic development of rural areas
– Rural entrepreneurship and small commercial farming development project
Sustainable market development of home financing
Membership and stockholding
Member of Armenian Bank Union, Armenian-Georgian Business Cooperation Association, ArCa payment system, "NASDAQ OMX Armenia" OJSC, the Union of Armenian mortgage market
Affiliated member of MasterCard/Europay international payment system
Full member of VISA International payment system Shareholder of SWIFT system, ArCa payment system
Awards
2005 The Citigroup Quality Recognition Award on US dollar payments sent to Citibank, New York
2005/2006 The Diploma of the Ministry of Finance and Economy and the RA Central Bank on best dealer in Armenian internal public debt management
2009 A certificate by MoneyGram money transfer system to certify as the most trusted bank
