Ratings
2025
B1 long-term local and foreign-currency deposit ratings with Stable outlook, updating the Credit Opinion on the Bank
Moody’s Investors Service
2024
Long-term Issuer Default Rating from "B" to "B+", Liability Rating from "b" to "b+"
Fitch Ratings
2024
B1 long-term local and foreign-currency deposit ratings with Stable outlook
Moody’s Investors Service
2023
The rating outlook from "Stable" to "Positive"
Fitch Ratings
2023
Long- Term Foreign-Currency Issuer Default Rating (IDR) of "B" with a Stable Outlook and a Viability Rating (VR) of "b"
Fitch Ratings
2023
Affirmed B1 long-term local and foreign currency bank deposit ratings and changed the outlook to stable from negative
Moody’s Investors Service
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2020
Long Term Counterparty Risk Rating: Ba3 / Long Term / Short Term Deposit Rating: B1/NP
Moody’s Investors Service
2019
Long Term Counterparty Risk Rating: Ba3 / Long Term / Short Term Deposit Rating: B1/NP
Moody’s Investors Service
2018
Long Term Counterparty Risk Rating: B1 / Long Term / Short Term Deposit Rating: B2/NP
Moody’s Investors Service
2008
BB+ credit rating with Positive Outlook forecast
AmRating/GlobalRating agency granted
Awards
2024
Gender Champion
Asian Development Bank
2020
The Leading Partner Bank in Armenia
Asian Development Bank
2020
STP Quality Award 2019
Raiffeisen Bank International AG.
2019
Contribution in Promoting VISA Premium Benefits
Visa Recognation Award
2017
The leading partner in Armenia
Asian Development Bank
2017
Thomson Reuters electronic financial platform in Armenia
Thomson Reuters
2016
The leading partner in Armenia
Asian Development Bank
2015
Professionalism and outstanding contribution for money transfer service development in Armenia
MoneyGram
2015
The Leading Partner in Armenia
Asian Development Bank
2014
Leading Partner Bank in Armenia
Asian Development Bank
2013
Excellence in quality
MoneyGram
2013
Excellence for quality
Commerzbank AG of Germany
2011
Excellence in quality
Commerzbank AG of Germany
2010
Excelent customer service in the Republic of Armenia
MoneyGram
2010
Bank Excellence for Quality EUR tranfers
UniCredit Bank AG
2009
The best bank in the area of customer service.
MoneyGram
2007
Honorary Diploma
Western Union
2006
The Best Servicing Partner
City Group
2005
The best paying agent for the Government of Armenia
CB of Armenia and The Ministry of Finance and Economy of RA
2002
Quality performance Certificate
American Express Bank LTD, NewYork
2001
The best servicing Armenian bank
American Express Bank Ltd., New York
Updated: 09/06/2025 06:18
