Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17Unibank Receives B++ Sustainability Alignment Rating from Agents for Impact GmbH Ucom Supported Yerevan Conservation Symposium 2026 as Strategic PartnerIDBank to Showcase Environmental and Innovative Initiatives at COP17New AI-Powered Wildlife Monitoring Camera Installed in Paruyr Sevak with the Support of Ucom35 Years of Trust: IDBank Celebrates with Its CustomersBusiness and mining leader Mark Cutifani to deliver keynote speech at the 3rd Mining Armenia Forum“From Classroom to Orbit”: With Ucom’s Support, “Space 1.0” Is Being Introduced in 15 Schools Across ArmeniaAfeyan Initiatives for Armenia Awards Grant to the Armenia Education Initiative to Expand the Teach For Armenia’s Seroond School Turnaround Program Ucom to Participate in COP17 Together with FPWC, Showcasing Their Environmental Partnership“The Golden Hour”: IDBank explains how to respond effectively to a scam attackNelli Kocharyan Presents Converse Bank’s Vision for Development of International Relations at the BACEE Conference BACEE International Conference Kicks Off with Converse Bank as Lead Sponsor Unibank has issued perpetual bonds with an annual coupon yield of 13.2% Ucom Measures the Environmental Impact of Its OperationsUnibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6% Ucom Becomes an Official Partner of the Armenia-UK Business Forum 2026Ucom Sales and Service Center at 20/52 Erebuni Reopens After Renovation Unibank Joins the Armenian Solar Energy AssociationThe Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of Yerevan
All Timeline »
Society

AraratBank: Supporting SMEs for About 20 Years

The efficiency of SME lending programs and opportunities for expanding financial access were discussed at a conference jointly organized by the Union of Banks of Armenia and the German-Armenian Fund. The conference titled "SME Financing Opportunities and Prospects," attended by AraratBank representatives, featured panel discussions highlighting success stories, growth of productivity and sustainable development of this sector.

"In 2024, the loan portfolio of Armenia's banking sector amounted to AMD 6.4 trillion, of which about AMD 3.1 trillion were lent to businesses and legal entities, while the volume of loans provided to SMEs was about 52%, totaling AMD 1.6 trillion," noted Daniel Azatyan, Chairman of the Union of Banks of Armenia.

According to Azatyan, in 2024, the outstanding volume of SME lending through the German-Armenian Fund amounted to AMD 174 billion (representing 11% of all loans provided to legal entities), comprising 13,336 loans. Since the program’s inception in 1998, total lending has reached AMD 880.5 billion across 129,490 loans.

"In 2024, AraratBank's SME Lending Division disbursed loans exceeding AMD 12 billion, with over AMD 2 billion provided to female entrepreneurs and more than AMD 1 billion to young entrepreneurs," said Vahe Harutyunyan, Deputy Head of AraratBank's Corporate Business Lending Department.

Since 2007, AraratBank has been offering competitive loan products to SME customers by deploying the best international practices and latest technologies, thus contributing to Armenia's economic development. Moreover, AraratBank has consistently maintained a leading position in SME lending volumes.

Notably, "green" financing constitutes one of AraratBank's strategic priorities, for which the bank comes up with new and attractive solutions contributing to the efforts in this field.

The Bank is regulated by the Central Bank of Armenia.