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Euromoney has named Ameriabank the Finest Financial institution of Armenia in its Awards for Excellence 2022, which had been introduced at a ceremony in London. The celebrated Awards, run since 1992 by a number one European finance journal, evaluates ranges of economic performances, the service high quality, product innovation, digitalization and different achievements throughout the banking trade.
The journal highlights Ameriabank’s progress in direction of its common banking technique, with development of Retail and SME lending accompanied by 22% share of the Armenian company bond market. They describe Ameriabank’s monetary metrics as spectacular, citing amongst different indicators, its excessive return on fairness, greater than doubled web revenue and stable capital adequacy.
“Alongside these numbers are admirable progress on sustainability and digital innovation. The financial institution’s sustainability technique aligns with UN SDGs, with a specific emphasis on clear vitality, sustainable cities and local weather motion. Its issuance of two inexperienced bond tranches, in {dollars} and native forex, in April 2022 was simply one other instance of inexperienced and renewable financings stretching again to 2009,” the publication harassed.
Artak Hanesyan, CEO of Ameriabank, commented: “Receiving the Awards for Excellence is a real honour and achievement for us, and an affidavit to our monumental resilience to adapt to difficult market circumstances. Regardless of turbulent monetary atmosphere, we had been capable of not solely guarantee easy supply but in addition introduce an array of progressive services and products that has additional improved our buyer expertise. I might point out our ground-breaking digital initiatives, specifically the launch of digital ecosystems, overlaying just about all our providers to reply to the rising wants of our shoppers and clients. I’m delighted that this path of our work, together with different areas, has been duly acknowledged by one of many world’s most influential monetary periodicals. We’re decided to construct on this and different achievements to develop our enterprise additional.”
Ameriabank receives Euromoney Awards for Excellence for the ninth time since 2011.
Extra on our achievements will be seen right here.
Concerning the Awards for Excellence
Euromoney’s Awards for Excellence had been established in 1992 and had been the primary of their sort within the international banking trade. They continue to be the worldwide gold normal on this regard and are decided by an editorial panel of judges following a three-month analysis and interview course of. This 12 months, the journal obtained a file variety of pitches from banks throughout the globe for its nation, regional and international awards classes.
About Ameriabank
Ameriabank is the most important monetary establishment and a significant contributor to the Armenian economic system, with property exceeding AMD 1 trillion. Being a dynamically creating common financial institution, Ameriabank gives a big bundle of progressive banking providers via its omni-channel distribution platform and with clear give attention to digital merchandise. Ameriabank has adopted a customer-focused strategy to make sure service high quality and trendy banking expertise in an evolving digital atmosphere.
Ameriabank is dedicated to doing enterprise responsibly and advancing Armenia’s transition in direction of a sustainable future.
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