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Trading

List Of Investment Banks In Armenia

Published by Gbaf News

Posted on October 30, 2012

1 min read

· Last updated: June 11, 2018

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Banking Digital banking Investment Banking Central Banks
ACBA-Credit Agricole Bank
Ameriabank
Anelik Bank
ArmEconom Bank
Armenian Development Bank
ArmImpex Bank
ArmSwiss Bank
Artsakh Bank
BTA Bank
Byblos Bank Armenia
Cascade Bank
Central Bank of Armenia
Converse Bank Corp
HSBC Bank Armenia
InecoBank
Mellat Bank
ProCredit Bank
Prometey Bank
Unibank
VTB Bank Armenia

Key Takeaways

  • Armenia hosts around 18–21 commercial investment-capable banks alongside its central bank.
  • Major institutions active in bond arranging include Ameriabank, Inecobank, Fast Bank, ID Bank and Armeconombank.
  • Several Armenian banks offer investment and capital markets services, including bond issuance and project financing.
  • Consolidation has occurred—ProCredit was acquired by Inecobank, and Cascade merged into Ameriabank among others.

References

Frequently Asked Questions

How many banks operate in Armenia?
As of late 2024, there are approximately 18 commercial banks operating in Armenia, under supervision of the Central Bank of Armenia.
Which banks in Armenia arrange bonds or act as investment banks?
Ameriabank, Inecobank, Fast Bank, ID Bank, Armeconombank, Converse Bank and ArmSwissBank are among the top bond arrangers and investment banking participants.
Have there been acquisitions among Armenian banks?
Yes. ProCredit Bank was acquired by Inecobank, Cascade merged into Ameriabank, and BTA merged with ArmEconomBank.

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