Artsakhbank
Encyclopedia
Artsakhbank, CJSC, was established on February 12, 1996 according to the resolution of the Bank’s Shareholders General Meeting. On November 6, 1996 Artsakhbank, CJSC, was transformed into Artsakhbank, OJSC, according to the resolution of the Bank’s Shareholders General Meeting. On June 24, 2001 Artsakhbank, OJSC, was reorganized into Artsakhbank, CJSC.

The bank is a shareholder of Armenian Card (ArCa), CJSC, and a full member of ArCa
ARCA
ARCA or Arca may refer to:* Automobile Racing Club of America, a stock car auto racing sanctioning body founded by John Marcum in 1953 in the United States...

 national payment system, a member of Europay/Master Card international payment system, and a member of SWIFT system.

Artsakhbank is a member of international money transfer systems, such as MoneyGram, Migom, Leader, Anelik. The Bank has correspondent relations with 25 banks, both local and foreign.

As of January 1, 2011, the Bank has 6 in Yerevan
Yerevan
Yerevan is the capital and largest city of Armenia and one of the world's oldest continuously-inhabited cities. Situated along the Hrazdan River, Yerevan is the administrative, cultural, and industrial center of the country...

and 11 in NKR. The Bank serves 43 704 customers, of which 41 467 are individuals.

The Bank has 482 employees, as of January 1, 2011.

As of the same period, the Bank’s total equity came to AMD 8 960,358mln (USD 24.7mln), total assets - AMD 52 618,110 mln(USD 145.2mln) and liabilities - AMD 43 657,752 mln (USD 120.5mln).

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