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Below is a list of regional and international banks which have operations in Armenia: Asian Development Bank, regional development bank representative office in Armenia opened in 2005. Interstate Bank, regional development bank representative office in Armenia opened in 1994.
Bank Mellat (Persian: بانک ملت, Bank Milât, lit. People's Bank) is a private Iranian bank.Its name means "Bank of the Nation". Bank Mellat was established in 1980, with a paid capital of Rials 33.5 billion as a merger of ten pre-revolution private banks, comprising Tehran, Dariush, Pars, Etebarat Taavoni & Tozie, Iran & Arab, Bein-al-melalie-Iran, Omran, Bimeh Iran, Tejarat Khareji ...
Persia International Bank plc commenced trading in London on 29 April 2002, following the merger of the London branches of Bank Mellat and Bank Tejarat, which are joint shareholders in Persia International Bank.
Iranian-European Bank (German: Europäisch-Iranische Handelsbank AG; Persian: بانک تجارتی ایران و اروپا, Bank Tejareti-ye Iran vâ Erupa) is a German bank founded in 1971. [1] Headquartered in Hamburg , it has two other branches in Kish Island (opened in 2005) and Tehran (representative office turned into branch in 2008). [ 2 ]
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In order to support the sector and increase availability of loans, the Central Bank of Armenia (CBA) started the process of monetary policy easing by systematically lowering the refinancing rate, which decreased by 4.5p.p. down to 6% between 2015-2017.
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"Armenian Card" CJSC was founded in March 2000 by the Central Bank of Armenia and ten commercial banks [which?], with the support of USAID, in order to introduce and develop a new payment accounting system in the banking sector of Armenia. [1] ։