ARMSWISSBANK Closed Joint Stock Company

  • Direct (National)
Type
Direct (National)
Date approved
17 Feb 2025
Size
Small
ESS Category
Category B, Intermediation 2
Fiduciary standards
Basic, Project management, On-lending/blending (Loan)
logo-armswissbank.png

Overview

“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.

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