The story
The bank was established on 12 February 1996. On 6 November 1996 Artsakhbank Closed Joint-Stock Company (CJSC) was transformed into Artsakhbank Open Joint-Stock Company, according to the resolution of the bank's shareholders general meeting. On 24 June 2001, Artsakhbank OJSC, was reorganized back into Artsakhbank CJSC.
The bank is a shareholder of Armenian Card (ArCa) and a full member of ArCa, the Armenian national payment system, as well as a member of the Europay/MasterCard international payment system and a member of the SWIFT system.
Artsakhbank is a member of several international money transfer systems, such as MoneyGram, Migom, Leader, and Anelik. The bank has correspondent relations with 25 banks, both local and foreign.
From Wikipedia’s article on Artsakhbank, shared under CC BY-SA 4.0.3
