Fast Bank provides a wide range of financial services for both individuals and legal entities. For private clients, the bank offers various types of loans, including mortgages, secured and unsecured loans, as well as deposit programs with attractive terms. Corporate clients can use account opening and management services, business loans and other specialized financial products.
The Fast Bank network has 35 branches located in Yerevan and the regions of Armenia, providing round-the-clock customer service.
For the convenience of users, the bank has developed the “Fast Bank Mobile” mobile application, which allows you to manage accounts, make payments and transfers, and track financial activity anytime, anywhere.
In May 2024, at the general meeting of shareholders, it was decided to increase the authorized capital of Fast Bank by AMD 10 billion. This decision was implemented by the bank’s shareholders, Vahe and Vigen Badalyan, while maintaining an equal distribution of shares between them.
As part of the development of digital technologies and the improvement of customer experience, Fast Bank is actively implementing modern IT solutions. Artur Harutyunyan, Director of Digital Banking, notes that the bank strives to provide modern services with the integration of the latest technologies, ensuring convenience and security for its customers.
In October 2023, Fast Bank became the fintech sponsor of the largest IT event in Armenia, DigiTec 2023. This participation highlighted the bank’s commitment to supporting technological initiatives and developing innovations in the country’s financial sector.
Fast Bank started its activity in the financial sector of Armenia on April 1, 1994. Initially, the organization functioned as a pawnshop, providing collateral lending services. On October 14, 2011, the company was registered as a credit institution under the name Fast Credit Capital (UCO CJSC), expanding the range of its financial services. On November 9, 2022, Fast Credit received a banking license and was renamed Fast Bank (CJSC), officially becoming a commercial bank.
