ARMSWISSBANK Closed Joint Stock Company

ArmSwissBank

  • Type Direct (National)
  • Date of accreditation 18 Feb 2025

“ARMSWISSBANK” Closed Joint Stock Company (ArmSwissBank) is a commercial bank headquartered in Yerevan, Armenia, with a vision to become the nation’s leading corporate and investment bank. The bank is committed to offering a comprehensive, flexible, and innovative range of banking services, with a strong emphasis on sustainable finance. Its loan portfolio is primarily concentrated in the corporate and small and medium-sized enterprise (SME) sectors, reflecting its strategic focus on supporting business growth and economic development.

Through its partnership with GCF, ArmSwissBank aims to support Armenia’s transition to a low-emission, climate-resilient economy by investing in country-driven mitigation and adaptation projects, strengthening private sector involvement, and promoting national climate awareness. ArmSwissBank plans to scale up financing for renewable energy, solar infrastructure, energy efficiency technologies, and biomass energy, while providing advisory and financial support to stakeholders. Close collaboration with GCF is expected to attract additional public and private investment, generating strong multiplier effects and contributing to Armenia’s broader sustainable development and climate goals.

Accreditation timeline

Accreditation date

18 Feb 2025

AMA execution date

07 Jul 2025

AMA effectiveness date

Pending

Entity details

  • Size
    • Micro
    • Small
    • Medium
    • Large
  • Environmental and social risk category
    • Category C
    • Category B
    • Category A
    • Intermediation 3
    • Intermediation 2
    • Intermediation 1
  • Fiduciary standards
    • Basic
    • Project management
    • Grant award
    • On-lending/blending:
    • Loan
    • Equity
    • Guarantee
    • Blending

Documents

Contacts

Mr. Gevorg Machanyan
Primary

CEO, Chairman of Management Board
Mr. Ara Makaryan
Secondary

Deputy CEO, Director of Business Development Department