Ardshinbank has been named the Best Bank 2019 in Armenia by the prestigious international magazine Global Finance.

The bank said that this status has been awarded as a result of a special survey on the basis of the following metrics: growth in assets, profitability, geographic reach, strategic relationships, new business development, and innovation in products.

“Ardshinbank is honored with this award for the second year in a row. This award is the statement of the correct vector of development of the bank, its reliability, stability and efficiency,” noted Artak Ananyan, CEO of Ardshinbank.

According to the Global Finance press release, the winners of this year’s awards are the banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success.

Among other winners of Global Finance’s Best Bank Award 2019 are Bank of America (U.S.), Commerzbank (Germany), Lloyds Bank (U.K.), BNP Paribas (Belgium), TBC (Georgia) and other leading banks.

To see the full list of the Best Banks 2019 named by Global Finance, visit the magazine’s official website.