The name ArmSwissBank stands for innovative, customer-centric and tailor-made corporate banking services in Armenia for almost 20 years. As part of its strategic direction, the Bank is strongly focused on sustainable finance, promoting investments that support environmental and social responsibility.
ArmSwissBank’s dedication to responsible business practices is reflected in its recent collaborations. In June 2024, the Bank signed Technical Assistance Cooperation Agreement with the European Investment Bank (EIB) under the EIB Greening Financial Systems Technical Assistance Program (EIB GFS TA program). This agreement aims to enhance the Bank’s climate risk management and integrate internaitonal best practices into its operations , strategy, governance, and disclosures.
Moreover, ArmSwissBank has joined the Partnership for Carbon Accounting Financials (PCAF) in January 2024, committing to harmonized assessments and disclosures of greenhouse gas emissions generated from its financed loans and investments. It’s worth mentioning that by the end of Y2024 ArmSwissBank will have GHG report in line with PCAF methodology.