22Jan
Ameriabank signed large contracts with EBRD and IFC
On January 21, the solemn ceremony of signing contracts between Ameriabank and the European Bank for Reconstruction and Development (EBRD), Ameriabank and the International Finance Corporation (IFC) took place in the Hall of Medieval Murals of the National Gallery.
According to the agreement, the EBRD invests 40 million US dollars in order to acquire the shares of Ameriabank. This transaction is the largest equity acquisition transaction in the region signed by the EBRD to date.
IFC, a member of the World Bank Group, provided a subordinated loan of USD 50 million to Ameriabank in order to increase its capital.
During the ceremony, the Chairman of the Central Bank of Armenia Artur Javadyan, Chairman of the Board of Directors of Ameriabank Andrey Mkrtchyan, Executive Director of EBRD Financial Institutions Nick Teseyman, Director of IFC Europe and Central Asia Tomas Telma made speeches.
It should be noted that Ameriabank is the largest taxpayer in the financial system of Armenia. Today, the bank's assets exceed 1 billion US dollars, which is unprecedented in the banking history of independent Armenia.
