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World Finance Journal has introduced its picks for the second annual Sustainable Finance Awards the place Ameriabank has been named the Greatest Financial institution in Sustainable Finance in Armenia for 2022. The Financial institution is the primary within the area to obtain this award.
The awards program acknowledges world, regional in addition to native management in Sustainable Finance – funding for initiatives designed to mitigate the unfavourable impacts of local weather change and assist construct a extra sustainable future for humanity.
Winners had been chosen by the editors of World Finance based mostly on entries in addition to impartial analysis. Standards for analysis included governance insurance policies and objectives in addition to measurable achievements in environmental and social sustainability financing.
World Finance writer and editorial director Joseph Giarraputo commented: “The pandemic and energy-sector disruptions have heightened consciousness of local weather change dangers, whereas technological improvements current new potentialities and supply new options to mitigate harm and construct a sustainable future for all. World Finance’s Sustainable Finance awards acknowledge the monetary establishments that stand out for his or her efforts to make sure ample financing for the complete vary of initiatives that may finally be wanted, and their creativity in addressing these long-range points.”
Artak Hanesyan, CEO of Ameriabank, commented: “Ameriabank’s long-term technique relies on the precept of sustainable growth. We repeatedly search for new alternatives and mobilize worldwide partnerships to increase our sustainable finance portfolio. In all our sustainability efforts we’re guided by world considerations round environmental and local weather change associated dangers and really feel accountable to play our half in bringing about options to deal with them. The World Finance’s recognition is a gigantic motivation for all of us at Ameriabank to place extra effort in doing enterprise responsibly and assist Armenia’s transition in the direction of a sustainable future.”
Ameriabank has a long-term dedication to making a sustainable surroundings and supporting clients’ transition in the direction of a carbon impartial financial system. The Financial institution has developed a Inexperienced Bond Framework which is per the Worldwide Capital Market Affiliation’s (“ICMA*”) present Inexperienced Bond Rules (“GBP”) and is in alignment with the UN Sustainable Growth Objectives (SDGs).
Since 2009, Ameriabank has financed greater than USD 225 million price vitality effectivity and renewable vitality tasks with the assist of assorted worldwide monetary establishments and influence traders.
In 2020, Ameriabank turned the primary Financial institution in Armenia to situation Inexperienced Bonds and has a dedication to change into a number one regional issuer of Inexperienced Bonds.
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