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Ameriabank has been named the Finest Financial institution in Armenia in sustainable finance for 2024. This achievement marks the fourth consecutive win for Ameriabank for funding initiatives designed to mitigate the adverse impacts of local weather change and assist construct a extra sustainable future.
Ameriabank stands as the only real recipient from Armenia to have been honored with this prestigious award since its inception in 2019.
The winners, chosen in 53 international locations and territories, have been chosen by the editors of International Finance, primarily based on entries, in addition to impartial analysis. Standards for analysis included governance insurance policies and targets in addition to measurable achievements in environmental and social sustainability financing.
“Local weather change issues, laws and growing investor consciousness have ensured rising demand for sustainable investments,” stated International Finance funder and editorial director Joseph Giarraputo. “Improvements in clear applied sciences, inexperienced finance devices, and information analytics are additionally making sustainable finance extra enticing and accessible, creating new market alternatives for banks.”
“Years in the past, once we made the strategic determination to redirect our efforts in the direction of sustainable and inexperienced financing, we have been assured that our dedication would repay. The rising prioritization of sustainability by companies and governments around the globe proves how true and justified was our determination to combine sustainable practices into our operations. At this time, sustainability just isn’t merely an possibility however a prerequisite for securing future development and creating long-term worth,” Artak Hanesyan, CEO at Ameriabank, commented.
To notice, 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 Ideas (“GBP”) and is in alignment with the UN Sustainable Improvement Objectives (SDGs).
Since 2009, Ameriabank has financed greater than USD 225 million price power effectivity and renewable power initiatives with the help of assorted worldwide monetary establishments and influence traders․
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