Byblos Bank Armenia review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Byblos Bank Armenia suits people saving and borrowing in Armenia who want fixed rates and quick decisions. Its term deposits pay 5.5% to 9.5% at fixed rates, and the online loan carries an APR of 15.41% to 15.63% with a hard credit check. Founded in 2007, the bank lends directly rather than through a broker.
Key facts
- Best for
- Armenian savers and borrowers wanting fixed rates with fast, direct decisions.
- Monthly fee
- AMD 0↗
- Card type
- Debit↗
- Card network
- Mastercard↗
- Legal entity
- Byblos Bank Armenia CJSC↗
- Headquarters
- Armenia↗
- Founded
- 2007↗
- Support channels
- Email, Phone, Help-centre↗
- Features
- Same-day funding
- Official website
- byblosbankarmenia.am
Loans
- APR
- 15.41% to 15.63%↗
- Loan amount
- AMD 400,000 to AMD 10,000,000↗
- Term
- 1 to 24 months↗
- Arrangement fee
- 0 AMD↗
- Credit check
- Hard↗
- Funding time
- Approval and disbursement within minutes↗
- Rate type
- Fixed↗
- Lender type
- Direct lender↗
- Free early repayment
- Yes↗
- Eligibility
- Resident of Armenia aged 21-63; salaried or self-employed; min net income AMD 200,000 single / AMD 300,000 married↗
- Origination fee (%)
- 0%↗
- Loan types
- Personal, Car, Student, Business↗
- Credit needed
- Good↗
- Use cases
- Home-improvement↗
- Pricing model
- No monthly fee, Fixed rate
Savings
Pros and cons
Pros
- Term deposits pay 5.5% to 9.5% at a fixed rate, well above the site median of 3%
- No monthly fee of AMD 0 on the term deposit account
- Online loans are approved and funded within minutes, with funding time of Approval and disbursement within minutes
- Free early repayment means you can settle a loan ahead of schedule without extra charge
Cons
- A hard credit check is required, and the bank asks for good credit
- Savings are tied up for the full 1 to 24 of the term deposit, so access to the money depends on the term running out
- Support runs on email, phone and help centre only, so help-centre guidance sits alongside phone and email
Who it suits
- Armenian residents with savings to place in a fixed term deposit
- Salaried or self-employed workers needing a personal, car, student or business loan
- Borrowers who want the bank itself, rather than a broker, to decide the application
Who should look elsewhere
- Anyone needing a soft credit check or a rate that resets
- Savers who must reach their money before the term ends, since early maturity recalculates interest at the easy save account rate
- Customers outside Armenia, since the online loan is offered to residents of Armenia only
How Byblos Bank Armenia compares
9.1 vs 9.4
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9.1 vs 8.7
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9.1 vs 9.2
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9.1 vs 8.5
9.1 vs 8.8
9.1 vs 9.0
9.1 vs 8.6
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9.1 vs 9.4
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9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.8
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9.1 vs 8.5
9.1 vs 8.4
9.1 vs 8.0- 9.1 vs 8.0
Where Byblos Bank Armenia is available
- Available
- Armenia
Countries from the brand (Source, checked September 29, 2026)
Frequently asked questions
How much does a term deposit pay at Byblos Bank Armenia?+
Term deposits pay a fixed rate of 5.5% to 9.5%, against a site median of 3%. The account carries no monthly fee, at AMD 0, and the model is listed as no monthly fee and fixed rate, so charges do not eat into the headline return.
What is the minimum deposit for a term deposit?+
The minimum deposit is AMD 1,000,000. That sits above the site minimum deposit median of €0.88, so the account is aimed at savers with a sizeable lump sum rather than small monthly top-ups.
How long do I have to leave money in a term deposit?+
Term lengths run to 1 to 24, with a site median term of 36 months. The principal is repaid at maturity to a current or demand account, so the money returns to an account you can spend from once the term ends.
Can I withdraw early from a term deposit?+
Early maturity is possible, but it recalculates all interest at the easy save account rate. You are locking the term deposit rate for the full 1 to 24 to get the headline return rather than the easy save rate.
What does borrowing cost at Byblos Bank Armenia?+
The online loan has an APR of 15.41% to 15.63%, above the site median of 15.5%. Loan amounts run to AMD 400,000 to AMD 10,000,000, the origination fee is 0 AMD, and early repayment is free, so the cost sits in the interest rate rather than in setup charges.
How fast do online loans get paid out?+
Approval and disbursement happen within minutes, with a funding time of Approval and disbursement within minutes. The same-day funding feature appears on 30.8% of lenders listed on the site, so quick payouts are common rather than unusual for this kind of online loan.
What credit do I need for a loan?+
The application runs a hard credit check and asks for good credit, so a thin file will struggle. Applicants must be a resident of Armenia, either salaried or self-employed, which narrows who can apply for the online loan.
What other loans does the bank offer?+
Loan types cover personal, car and student, with home improvement listed among the uses. The bank is a direct lender, so direct lender applications itself, and lending runs from AMD 400,000 to AMD 10,000,000 on the online loan, where a hard credit check applies.
Does the bank offer mortgages?+
The housing loan carries an initial rate of 11% to 12.5% and an APRC of 11.73% to 15.85%, fixed for 2. Maximum loan to value is 80% to 90% and the product fee is AMD 0, with purchase as the stated purpose.
How do I reach customer support?+
Support runs through email, phone and help centre, which covers phone, email and a help centre. A help centre is the most widely offered channel on the site, appearing for 79.6% of listed brands, so written guidance is easy to reach.
Sources
- byblosbankarmenia.am/en checked September 26, 2026
Backs: Support channels
“+37460616100, [email protected], FAQ (Frequently asked questions) link in the site menu.”
- byblosbankarmenia.am/en/about checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Founded in December 2007, Byblos Bank Armenia CJSC is the outcome of a 100% stake acquisition of International Trade Bank in Armenia by Byblos Bank.”
- byblosbankarmenia.am/en/deposit/term-deposit checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Pricing model, Monthly fee, Rate type, Term
“In the event of early maturity, the recalculation of all interests shall be made based on the effective interest rate set for Easy save account.”
- byblosbankarmenia.am/en/loan/housing-loan/hl-acquisition checked September 26, 2026
Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose
“Annual percentage rate: 11.73-11.83% in case of transferring the salary and the acting housing loan; 11.73-15.85% in all other cases”
- byblosbankarmenia.am/en/loan/online-lending/Online-loan checked September 26, 2026
Backs: Loan amount, APR, Credit check, Credit needed, Eligibility, Features, Free early repayment, Funding time, Lender type, Arrangement fee, Origination fee (%)
“Unsecured online loan amount: minimum - AMD 400,000, maximum - AMD 10,000,000”
- byblosbankarmenia.am/en/loans/online-lending checked September 26, 2026
Backs: Loan types, Use cases
“Loans: Online, Housing, Personal, Auto, Student, Travel ... Business loans: Corporate, Small business”
- byblosbankarmenia.am/en/card/credit/Mastercard-World checked September 26, 2026
Backs: Annual fee, Card kind
“Annual fee AMD 24,000 - Mastercard World credit card”
- byblosbankarmenia.am/en/card/debit/worldelite checked September 26, 2026
Backs: Card network
“Mastercard World Elite”
- byblosbankarmenia.am/en/cards/debit checked September 26, 2026
Backs: Card type
“Debit”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Byblos Bank Armenia
Armenian savers and borrowers wanting fixed rates with fast, direct decisions.