International rating agency" Fitch Ratings" reaffirmed Ardshinbank's Long-term Issuer Default Rating (IDR)) "B +" rating with a "Stable" outlook.

The rating agency gave its comments on the rating and especially noted that the rating is based on acceptable financial indicators that are reinforced by cyclical economic growth and relative stability of the currency, the bank's capital and liquidity reserves, the significant role of the bank in domestic market (13% of domestic market lending).

The Bank has been awarded a rating equal to the rating of the Republic of Armenia, which is the best possible index of the rating of the private organization.

Ardshinbank is the only private institution in Armenia, which has a rating of the two reputable international rating agencies (Moody's and Fitch) . More information about the Bank can be found at www.ardshinbank.am or by calling (012) 22-22-22.

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