«Arm Development Bank» CJSC

"Armenian Development Bank" OJSC is among the first commercial banks in the Republic of Armenia founded according to founding agreement signed on 14 September, 1990 however the bank actually started its activity in the fall 1991. Till November 1995 the Bank operated under the name of "Reconstruction and Development Bank". The Bank was the first to provide individuals and legal entities in Armenia an opportunity to conduct transactions in international financial markets. The Bank is in close correspondent relations with most popular banks in the EU countries and the Russian Federation.