Byblos Bank Armenia
 Byblos Bank Armenia branch in Yerevan from 2021 | |
| Company type | Closed joint-stock company (CJSC) |
|---|---|
| Industry | Financial services |
| Predecessor | International Trade Bank |
| Founded | 2007 in Yerevan, Armenia |
| Headquarters | , |
Area served | Armenia |
Key people | Hayk Stepanyan, CEO |
| Products | Business banking, banking services |
| Parent | Byblos Bank |
| Website | byblosbankarmenia |
Byblos Bank Armenia is an Armenian bank headquartered in Yerevan, offering banking services at four branches across the city.[1][2] The Bank is a wholly owned subsidiary of the Lebanese Byblos Bank.[3] It is one of 18 banks in Armenia supervised by the Central Bank of Armenia.[4]
History
[edit]Founded in December 2007, Byblos Bank Armenia CJSC is the outcome of the acquisition of the International Trade Bank in Armenia by Byblos Bank S.A.L.[5][6]
Byblos Bank Armenia began operations with one branch in early 2008, then went on to open three more in 2012,[7][8] 2020[9] and 2021.[10][11]
In 2008, the European Bank for Reconstruction and Development (EBRD) and the OPEC Fund for International Development (OFID) bought 25% and 10% respectively of the shares of the bank.[12]
By the end of 2016, Byblos Bank S.A.L. had re-acquired all of EBRD and OFID's shares in Byblos Bank Armenia's charter capital (262,491 shares in total).[13]
Services
[edit]The core business activity of the Bank includes the attraction of deposits, customer account maintenance, consumer and corporate lending, cash and settlement transactions and operations with securities and foreign exchange.[14]
Registered Capital
[edit]The registered capital of the Bank makes up 26,249,100,000 Armenian drams.[15] The Bank's charter capital consists of 262,491 ordinary registered shares, each with a par value of 100,000 Armenian drams.[16]
See also
[edit]References
[edit]- ^ "Byblos Bank Armenia Closed Joint-Stock Company (CJSC)". SPYUR information system. Retrieved October 31, 2024.
- ^ "Almanac of banks in Lebanon 2022" (PDF). Association des Banques du Liban. 2022.
- ^ "IFC project information & data portal Byblos Arm REE". International Finance Corporation. January 24, 2012.
- ^ "Registered banks in Armenia". Central Bank of Armenia. Retrieved October 31, 2024.
- ^ "Բիբլոս Բանկ Արմենիա ՓԲԸ-ն ՆԱՍԴԱՔ ՕԷՄԷՔՍ Արմենիայի անդամ է դարձել" [Byblos Bank Armenia CJSC became a member of NASDAQ OMX Armenia] (in Armenian). PanArmenian. March 5, 2012.
- ^ "Byblos Bank Armenia celebrates 15th anniversary". Armen Press. February 15, 2023.
- ^ "Բիբլոս Բանկ Արմենիա Նոր մասնաճյուղ Կոմիտասում" [Byblos Bank Armenia - New branch in Komitas] (in Armenian). April 18, 2012.
- ^ "Բիբլոս Բանկ Արմենիան բացել է երևանյան իր երկրորդ մասնաճյուղը" [Byblos Bank Armenia - opened its second branch in Yerevan] (in Armenian). PanArmenian. April 18, 2012.
- ^ "Բիբլոս Բանկ Արմենիա-ն ընդլայնում է մասնաճյուղային ցանցը" [Byblos Bank Armenia is expanding its branch network] (in Armenian). Armen Press. September 26, 2020.
- ^ "Անհատական մոտեցում՝ ամեն հաճախորդին. Բիբլոս Բանկ Արմենիա-ն նոր մասնաճյուղ է բացել" [Individual approach to every client. Byblos Bank Armenia - has opened a new branch] (in Armenian). Banks am. September 23, 2021.
- ^ "Business Pro Package: The ultimate all-in-one solution from Byblos Bank Armenia". Business 24. October 21, 2024.
- ^ "Byblos Bank Armenia committed to improve the quality of its services". ArmBanks. January 26, 2011.
- ^ "Byblos Bank Armenia – FINARM".
- ^ "Member profile - Byblos bank Armenia". American Chamber of Commerce in Armenia. September 24, 2010.
- ^ "KPMG: Armenian Banking Sector Overview" (PDF). KPMG. November 2020.
- ^ "CDA - Registered Securities Database" (PDF). Central Depository of Armenia. September 28, 2022.