Ardshinbank Opens a Branch in Avan 

ArmInfo.On September 24, Ardshinbank’s “Avan” branch officially opened in Yerevan’s Avan administrative district. This marks the bank’s 29th branch in Yerevan and its 72nd across the republic. 

According to the bank, the decision to open this branch stems from the continuous growth in its client base, as the bank aims to make its services more accessible to residents across all districts of Yerevan. 

“We are committed to creating more comfortable conditions for our clients, allowing them to access the bank’s services at convenient locations. Although our branch network is the largest in the country, we previously had no presence in Avan – a gap we have now filled. With around 54,000 residents, Avan accounts for 5% of the capital’s population. The district is rapidly developing, with new apartment buildings and expanding businesses, so it made sense for us to open a branch here,” said Arsen Tamazyan, Deputy Director of Retail Business and Head of Network Sales Department. 

The new branch was designed with a strong focus on customer comfort, high-quality service, and security. It features advanced technical capabilities, modern solutions, and an innovative interior. The branch serves both retail clients and small to medium-sized businesses. It is equipped with multifunctional terminals that allow customers to perform financial transactions 24/7. Additionally, clients can access financial services online without needing to visit the branch. 

A local resident and customer of the new branch shared that the presence of Ardshinbank — Armenia’s largest bank – in Avan will significantly simplify access to banking services, providing fast, modern, and high-quality service. “I’m glad Ardshinbank has opened a branch in our district; it will make using the bank’s services much easier,” he said. 

The “Avan” branch is located at 25/3 Isahakyan Street, Avan administrative district. Operating hours are Monday to Friday, from 9:15 AM to 4:45 PM, and Saturday from 10:15 AM to 1:45 PM. For inquiries, call +374 12 22 22 22. 

As of June 30, 2025, Ardshinbank serves approximately 570,000 customers through more than 2,300 employees across 72 branches throughout the Republic of Armenia. Beyond branch services, the bank provides all customer segments with a comprehensive range of flexible and reliable remote services tailored to their needs.