News
07.05.2012
Mortgage loans without prepaying Armenian Development Bank offers a new loan to its customers - a mortgage loan without prepayment. 
27.04.2012
Deposit portfolio surged by 122% Armenian Development Bank increased its deposit portfolio by 122% or 12.4 billion AMD in the first quarter of 2012, compared with the same quarter a year before.  

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Address of the Armenian Development Bank OJSC, RA, Yerevan, 0015, 21/1 Paronyan str., Tel.: /37410/ 59 15 15, Fax: /37410/ 59 14 05, S.W.I.F.T. ARDEAM 22, e-mail address: info@armdb.com




Armenian Development Bank offers a service of fast and reliable transfer in AMD and foreign currency.

Transfers in AMD

As a member of BankMail interbank electronic payment system Armenian Development Bank conducts transfers throughout the Republic of Armenia.  

Money is withdrawn from Your account in payment order on Your mentioned day that mustn't precede the day of order reception by the Bank.

If payment day isn't mentioned in payment order presented by You, financial resources are withdrawn the day of order reception.

Payment orders submitted to the Bank by 1300 o'clock are carried out within the same banking day. Payment orders submitted after 1300 o'clock are carried out within the following banking day. We offer customers a chargeable service of fast monetary transfer of funds when transfer presented between 1300 and 1545 o'clock is implemented during the same day.   

Attention: Individuals can also conduct monetary transfers in Armenian Development Bank without opening an account submitting their ID if the amount of transfer exceeds four hundredfold minimum salary.    

  • Armenian Development Bank offers convenient and instant service through which You can pay all Your utility bills without any commission fee as well as charge prepaid cards of Your telephone both in cash and from Your bank account.
  • The Bank also accepts payment of fine for traffic violations. In this case it's required to submit the respective act.

If You have noticed a mistake in the payment order submitted by You and accepted by the Bank, it's necessary to apply to the Bank noting the verifying condition of the order where there was an error. The Bank will make respective changes for the defined commission fee within the same banking day. Funds are entered on the account on the day mentioned in the payment order.    

Tariffs and rates 


Updated: 01.02.2012 16:43


Exchange rates
17.05.2012, 15:08 Buy Sell
USD/AMD 396 400
GBP/AMD 620 636
EUR/AMD 501 509
CHF/AMD 412 424
RUB/AMD 12.5 12.97
CAD/AMD 383 396
GEL/AMD 225 250

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In case of inconsistencies between the information in english and russian, please, follow the armenian version.

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