Ameriabank receives IFC's "Caucasus and Central Asia 2017" award. to the best issuing partner-bank" award - News | Ameriabank
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10Jul

Ameriabank receives IFC's "Caucasus and Central Asia 2017" award. to the best issuing partner-bank" award

10 Jul, 2018 | Press release, All | Return|

IFC (International Finance Corporation) awarded Ameriabank, the largest bank of Armenia, "Caucasus and Central Asia 2017" the best issuing partner-bank" award.

Suren Kocharyan, head of Ameriabank's Trade Financing Department, noted. "We appreciate this award and appreciate our long-standing and fruitful partnership with IFC. We have been cooperating in the field of trade financing since 2009 and thanks to this, we have been able to significantly increase the volume of trade financing in Armenia, promoting the development of various sectors of the economy. We are sure that the growth will be significant this year as well, especially if we take into account the positive perspective of the rating set by Fitch Ratings for Armenia in June."

It should be noted that this is the third prize awarded by IFC to Ameriabank. Previously, the bank received the award "The most active lending bank in the Caucasus region under the Global Trade Finance Program" and the award "The best lending bank in terms of energy efficiency in the framework of the Global Trade Finance Program in Europe and Central Asia".

International Finance Corporation

The International Finance Corporation is a sister organization of the World Bank and a member of the World Bank Group. It is the world's largest development finance organization targeting the private sector in emerging markets. International Finance Corporation partners with more than 2,000 organizations in different countries, using its capital, expertise and influence to create new markets and opportunities in the world's most challenging regions. 2017 International Finance Corporation's financing to developing countries reached a record $19.3 billion for private sector development, poverty reduction and general well-being. You can visit www.ifc.org for more information.