A joint project between Ameriabank and the Italian bank Banca Popolare di Sondrio aimed at conserving water and energy resources has won the European Bank for Reconstruction and Development (EBRD) "Deal of the Year 2021: Green Trade" award.
It was announced in 2022 of EBRD. during the annual meeting and business conference held in Marrakesh, Morocco. At a separate award ceremony, the most active participant banks of the Green Trade Promotion Program ("GTP") received special attention.
Within the framework of this joint project, a modern bottling line was imported and installed in Armenia, thanks to which it is possible to ensure savings equivalent to the annual volume of clean water consumed by 440 Armenian households.
Suren Kocharyan, the head of Ameriabank's trade financing center, said: "This is a very important evaluation of Ameriabank's active and effective work in the field of trade financing by the EBRD. The trade promotion program promotes effective international cooperation, such as our partnership with Banca Popolare di Sondrio, which has a direct impact on the everyday lives of people and communities. We will further expand our active activities in the field of trade finance, which is in line with our responsible business policy, which is aimed at Armenia's resource-efficient and environmentally sustainable future."
Ameriabank has made a long-term commitment to create a sustainable environment and support customers' transition to a carbon neutral economy. For this purpose, the Bank has introduced a "green" and environmentally friendly approach to project financing, which it applies in its current activities.
Since 2009, Ameriabank has financed more than USD 225 million in energy efficiency and renewable energy projects with the support of various international financial institutions and major investors.
2020 Ameriabank became the first bank in Armenia to issue its "green" bonds and committed to being the leader in issuing "green" bonds in the region.
About Ameriabank
Ameriabank is the largest financial institution in Armenia and one of the most significant players in the economic sphere of Armenia, whose assets exceed 1 trillion AMD. Being a dynamically developing universal bank, Ameriabank provides a wide range of innovative banking services with a clear emphasis on digital products through a multi-functional service platform.
The bank is guided by a customer-oriented policy in order to provide a high quality of service and banking experience in a modern digital environment.
Ameriabank has adopted a policy of responsible business conduct, contributing to Armenia's transition to a sustainable future.