Ameriabank | News

• Ameriabank’s Special Offer for New Mastercard Holders. 1% Cashback and Lots of Gifts

  Armenian News - Tert.am - 16:09 Oct 02, 2024
  

  Ameriabank has launched a new campaign jointly with Mastercard payment system. Clients who order a new Mastercard from Ameriabank and make payments on international online platforms by December 31, inclusive, will receive 1% cashback (maximum AMD 10,000 monthly). This offer applies to purchases for airline tickets, hotel bookings, and subscriptions as well as on websites like Sephora.com, Shein.com, Taobao.com, Ikea.com, Amazon.com, Ipsy.com, Iherb.com, Pinduoduo.com, and more. Under the terms of the campaign clients who order and activate a new Mastercard from Ameriabank, will participate in a draw and will have the chance to win one of 48 iPhone 16s. - 16 iPhone 16s will be raffled off every month until the end of the year - in October, November and December.  In 2023, the total volume of the transactions made with Ameriabank Mastercard cards increased by 25.1% YoY. The number of Ameriabank’s Mastercard holders has grown by 35.8% during the same period.  Data from the first eight months of this year show th...

  Tags: Ameriabank

• EBRD and Ameriabank to support Armenian businesses through stable trade finance funding

  Armenian News - Tert.am - 14:25 Jul 22, 2024
  

  The European Bank for Reconstruction and Development (EBRD) and Ameriabank have signed an agreement enabling Ameriabank to attract trade finance funding from the EBRD in Armenian Drams. This is the first and so far the only agreement of this kind signed by EBRD to date in Armenia. This collaboration aims to enhance Ameriabank's capacity to support local businesses engaged in international trade by ensuring access to stable and localized funding solutions. Under this arrangement, the EBRD will facilitate trade finance transactions denominated in Armenian Drams, thereby mitigating foreign exchange risks and enhancing financial predictability for businesses involved in import and export activities financed by Ameriabank. By leveraging their combined expertise and resources, the EBRD and Ameriabank aim to foster economic growth and resilience within the region. “For over a decade, Ameriabank has pioneered new trade finance opportunities and solutions in the Armenian market, and the invaluable support of EBRD, the...

  Tags: Armenian Ameriabank EBRD

• Ameriabank and COAF Pool Efforts to Develop Beekeeping in Lori Region

  Armenian News - Tert.am - 12:40 Jul 03, 2024
  

  Children of Armenia Fund (COAF) and Ameriabank present their joint program “Harvesting Nature’s Bounty”, to be implemented as part of COAF’s Beekeeping to Empower Economic System (BEES) project. The mission of the program is to promote beekeeping in Lori region of Armenia, improve the practical skills of beekeepers, and enhance the quality of the beekeeping value chain. Complete with educational, economic and social components, the program is designed to engage 50 beneficiaries. Along with attending innovative training courses, the beneficiaries will be provided with beehives and bee colonies to start their own business in future. One of the key goals of the project is to include among the beneficiaries also those COAF SMART Center students, who have been forcibly displaced from Artsakh, are currently enrolled in the  SMART Center’s agrotech program and have shown interest in and possess potential in beekeeping as a field. “Ameriabank highly values entrepreneurship as an important driver of economic empowerme...

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• Your home is in Armenia – Ameriabank offers mortgage loans for the Diaspora

  Armenian News - Tert.am - 12:14 May 21, 2024
  

  Ameriabank offers mortgage loans for our compatriots in the Diaspora. To buy real estate in Armenia, our compatriots in the Diaspora can apply to Ameriabank online to buy, renovate or build a home anywhere in Armenia, regardless of their country of residence and current location. When making a loan decision, the fact whether the applicant has registered income in Armenia, and the applicant’s permanent residency, are not essential. The client’s income in another country is considered as the source of income. To note, disbursement and service fees are not charged on these loans.  The mortgage loan can be provided in AMD, USD or Euros, for a term of 60-360 months. Full terms and conditions of loans and other details are available on Ameriabank’s website.  To make use of the offer, the client needs to fill in the application form on Ameriabank’s website, after which the Bank’s specialist will contact the client to discuss the terms of the loan.   Ameriabank CJSC Ameriabank is a leading financial and technological...

  Tags: Armenia Diaspora Ameriabank

• Ameriabank named the Best Bank in Armenia for 2024 by Global Finance magazine

  Armenian News - Tert.am - 11:03 Mar 29, 2024
  

  Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks. Winners have been chosen in nearly 150 countries, territories and districts in the world with consideration of criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products as well as the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. According to Global Finance, the winners of this year’s awards are those banks that carefully addressed their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success. Winning organizations managed their assets and liabilities in a savvy way in light of the fast-changing interest rate scenarios. “Banking has reached another watershed moment with the debut of generative artificial intelligence, which promises to rewrite the industry playbook,” sai...

  Tags: Armenia Best Bank Ameriabank Global Finance

• Ameriabank and BOGG have completed the negotiations according to which Ameriabank will join this international financial group

  Armenian News - Tert.am - 19:16 Feb 21, 2024
  

  Ameriabank and BOGG have completed the negotiations according to which Ameriabank will join this international financial group.  The transaction is subject to approvals.  Following the successful completion of the negotiations, the Chairman of BOGG Mel Carvill has visited Armenia. As part of the visit, Mel Carvill gave an interview and presented BOGG, spoke of the details and the importance of the possible transaction and addressed number of questions, such as why Armenia and why Ameriabank.  Mr. Carvill has also touched upon the new opportunities that will open up for Ameriabank and its customers being part of a big international financial group. 

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• Ameriabank set to join BOGG, a London Stock Exchange (LSE) listed financial group as a standalone entity

  Armenian News - Tert.am - 08:55 Feb 19, 2024
  

  Ameriabank (the Bank) has reached an agreement with the BOGG (the Group), a UK registered financial group, to join the latter as a standalone entity and the Group to become the main shareholder of the Bank, with the European Bank for Reconstruction and Development (“EBRD”) retaining their 10% shareholding in Ameriabank. The Financial Conduct Authority, the financial services conduct regulator in the UK, has approved the circular of the transaction. As a next step, the transaction is subject to approval by shareholders, as well as the regulatory bodies, including the Central Bank of Armenia. Bank of Georgia Group PLC is a UK incorporated international finanacial group listed on the Premium Segment of the LSE Main Market and a constituent of the FTSE-250 index. Among the Group’s shareholders are some of the world’s largest financial institutions, such as JPMorgan, BlackRock, The Vanguard Group, Schroders, Norges Bank Investment Management (a leading pension fund), etc. Following approvals and closing of the tra...

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• Ameriabank is the Largest Taxpayer Among Armenian Banks

  Armenian News - Tert.am - 14:09 Jan 26, 2024
  

  Ameriabank is the largest taxpayer among Armenian banks for the sixth year in a row. According to the data for January-December, 2023, total taxes paid by the bank to the state budget amounted to AMD 25.7 bn. This indicator has more than tripled Y-o-Y, total taxes paid by Ameriabank in 2022 amounting to AMD 8.2 bn. Ameriabank ranks 7th on the State Revenue Committee’s Top 1000 Taxpayers list vs 24th in 2022. Ameriabank CJSC Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy, with assets exceeding AMD 1 trillion. In the course of digital transformation, it has launched a number of innovative solutions and platforms going beyond banking-only needs of its diverse customer base, thus creating a dynamically evolving financial technology space.  Ameria was the first in Armenia to create ecosystems for both businesses and individuals, which give one-window access to a range of banking and non-banking services, among them - Estate.ameriabank.am, Automarket...

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