Artsakhbank, CJSC

Artsakhbank, CJSC provides various banking products and services to commercial and retail customers in Armenia and Nagorno Karabakh. It offers various deposit products, including time deposit, accumulative time deposit, demand deposit, and VICTORY deposit. The company also provides various loans, such as business loans, overdrafts, and credit lines to legal entities and sole entrepreneurs; mortgage loans to individuals for purchasing or renovating apartments and houses; car loans; loans against a pledge of gold; mortgage loans for non-residential areas or public places; credit lines; and installment credits. In addition, it offers intrabank, interbank, and international money transfer services; plastic cards for corporations, universities, and state bodies; and security, cash, and foreign currency transactions services. Further, the company provides various services, including bank guarantees, transactions with letters of credit, and cheques. It operates 17 branches, including 11 in Nagorno Karabakh and 6 in Yerevan. The company was founded in 1996 and is headquartered in Yerevan, Armenia.