Ardshinbank has once again been recognized as the Private Bank of the Year and Retail Bank of the Year by the Global Banking and Finance Awards magazine.

ArmInfo.Ardshinbank has been awarded the title of Best Private Bank Armenia for the fourth time and The Next 100 Global Awards 2024 – Retail Banking for the second time by the well-known international financial magazine Global Banking & Finance Review. A special jury of industry analysts and experts annually selects financial organizations worldwide based on several key indicators: market share, investment opportunities, innovative solutions, international market reputation, and the volume and quality of services provided to clients.

According to the press release issued on this occasion by the magazine, Ardshinbank was recognized for its outstanding achievements in providing the best private client services and retail banking in Armenia.

“These awards highlight Ardshinbank’s leadership, innovation, and unwavering commitment to providing exceptional banking services. This approach fosters trust and long-term relationships, ensuring the highest level of service and customer satisfaction,” the statement says.

Commenting on the selection of the winner, Global Banking & Finance Review editor Wanda Rich noted:

"Ardshinbank’s consistent recognition reflects its exceptional vision and execution. By continuing to innovate and prioritize its clients’ needs, Ardshinbank demonstrates why it remains a pillar of excellence in the financial sector."

Ardshinbank’s Chairman of the Board, Artak Ananyan, expressed gratitude to the magazine for the high recognition of the bank's work in 2024:

 “These awards are not the first for the bank, and this is a clear indication that we continue to move forward, improving products and services, setting new standards, applying best practices and innovations, and thus shaping the future of Armenia's banking system. Awards in two categories from such a prestigious international magazine not only reinforce our position as a leader in Armenia’s financial sector but also reaffirm the soundness of our strategic development direction."

It is worth noting that the Global Banking and Finance Awards was established in 2011 by the Global Banking & Finance Review magazine, based in the United Kingdom, to recognize significant changes in the global financial community. The awards are presented annually and cover the global financial sector, including banking, corporate finance, Islamic finance, domestic investments, taxes and accounting, asset management, mergers, and acquisitions.