American famous S&P Global Ratings company has improved the outlook on Ardshinbank, revising it to “Positive” from “Stable” and has affirmed 'B+/B' long-term and short-term issuer credit ratings on the bank.  Thus, the rating assigned to the Bank is equal to the sovereign rating level of the Republic of Armenia.

The rating action overview given by S&P Global Ratings mainly emphasizes that the sizable profits received by the Bank over the past 2 years and the existing economic conditions contributed to the growth of the bank's provision for possible losses and an increase in capital. At the same time, it is mentioned that Ardshinbank’s risk profile has improved and the level of risk has decreased due to the Bank's more advanced scoring and internal rating systems.

The affirmation of the rating given to the Bank and the “Positive” outlook reflects the opinion of S&P Global Ratings that Ardshinbank will continue to improve the risk profile, maintaining adequate level of capitalization in the near future.

Ardshinbank is the only Armenian company with assigned ratings from the big three credit rating agencies (Standard & Poor’s, Moody’s and Fitch).

The activity of Ardshinbank are regulated by the Central Bank of the Republic of Armenia.