About Areximbank
Areximbank is a company based in Yerevan (Armenia) founded in 1998 was acquired by Ardshinbank in October 2016.. Areximbank operates in a competitive market with competitors including Ameriabank, Scotiabank, Ardshinbank, ARMECONOMBANK and InecoBank, among others.
- Headquarter Yerevan, Armenia
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Ardshinbank
(Oct 07, 2016)
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Funding Insights of Areximbank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Areximbank
Areximbank has secured backing from 1 investor. Prominent investors backing the company include Ardshinbank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are offered in Armenia by Ardshinbank.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Areximbank
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Areximbank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Areximbank Comparisons
Competitors of Areximbank
Areximbank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ameriabank, Scotiabank, Ardshinbank, ARMECONOMBANK and InecoBank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia by Ardshinbank.
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| domain | founded_year | HQ Location |
Commercial banking services are offered in Armenia since 1991.
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| domain | founded_year | HQ Location |
Commercial banking services are provided in Armenia.
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| domain | founded_year | HQ Location |
Provides retail and business banking services with online platforms and financial products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Areximbank
When was Areximbank founded?
Areximbank was founded in 1998.
Where is Areximbank located?
Areximbank is headquartered in Yerevan, Armenia.
What does Areximbank do?
Areximbank was established in 1998 and is based in Yerevan, Armenia. As a commercial bank, core operations include deposit management, loan provision, and payment processing for clients. Services are extended to individuals and businesses within the Armenian financial sector. The banks activities are centered on local and regional transactions, accessible via its domain areximbank.am. Regulatory compliance is maintained under Armenian banking standards.
Who are the top competitors of Areximbank?
Areximbank's top competitors include Ameriabank, Scotiabank and Ardshinbank.
Who are Areximbank's investors?
Areximbank has 1 investor. Key investors include Ardshinbank.