Last update - 23.02.2012

ARARATBANK was established as a result of the reorganization of Haykapbank, operating on Armenian financial market since 1991.

The Bank has been functioning as an open joint stock company since August 2007 (Banking license #4).

Since 30.01.2009 the Bank has been a member of NASDAQ OMX Armenia.

The Bank is a participant of ArCa system, a shareholder and a full member of Armenian Card company. It issues ArCa Classic, ArCa Junior, ArCa Green Line, as well as AUTOCARD payment cards, "Family cards" package as well as "Gift Card”.

The Bank is an affiliate member of MasterCard and VISA International payment systems. The Bank issues MasterCard Gold, Business, Standard and Maestro cards.

The Bank is a participant of SWIFT international payment systems. It offers international express money transfers through MoneyGramm, Anelik, Xpress Money,  BTF-SOYUZ, BYSTRAYA POCHTA, Avers,  RIA  and  UNIStream.

The Bank participates in various international and government lending programs, including World Bank’s "Access to Finance”, Lending Programs of European Bank for Reconstruction and Development, "Economy Stabilization Lending” of the Armenian government, credit programs of the Swiss Izmirlian Foundation, "Development of Sustainable Market for Housing Finance" program of the German KFW, the mortgage program of the National Mortgage Company UCC.

The Bank has 40 branches in Yerevan and regions.

As of 31.03.2010 the Bank had 497 employees.

As of 30.06.2012 total assets of the Bank amounted to AMD 109 400 656 thousand, liabilities total AMD 95 389 680 thousand, total capital - 14 010 976 thousand.