Several Armenian banks are taking bold steps in sustainable banking, redefining finance with responsibility and impact:
Ameriabank
Named Best Bank in Armenia in Sustainable Finance for 2024 by Global Finance for the fourth time. Their support for climate-resilient projects reflects long-term sustainable leadership.
Ardshinbank
Awarded Best Bank for ESG in Armenia by Euromoney in 2023. The bank has invested significantly in renewable energy (roughly $40 million)—funding Armenia’s largest solar power plants.
Acba Bank
Recognized by Euromoney in 2024 as Armenia’s Best Bank According to ESG Criteria. They’ve developed frameworks for green loans and green bonds, and are preparing a full sustainability report.
ArmSwissBank
Armenia’s first private bank to join the Green Climate Fund (GCF) in 2025—unlocking up to $50 million in concessional funding for climate-aligned projects.
Converse Bank
Official signatory of the UN Principles for Responsible Banking (PRB), embedding sustainability at the core of its strategy and aligning with UN Environmental and SDG goals.
AraratBank
One of the early adopters in Armenia to finance energy-efficiency projects through the Green for Growth Fund since 2012, including staff training and green product development
Central Bank of Armenia (CBA)
CBA is embedding sustainable finance principles into the national system, including a “Sustainable Finance Roadmap” through 2026.
Sustainability is no longer optional—it’s integral. These banks are paving the way for financially responsible growth.
