Ameriabank news

The results of Ameriabank's reporting year show that the Bank occupies a leading position in the banking system of Armenia in terms of a number of important indicators, in particular, assets, liabilities, credit investments, liabilities to customers and profit.
The bank's assets increased by 27% in 2014 and on 31.12.14 amounted to about 400 billion AMD, moreover, the growth of assets in the general banking system was only 16%, and the Bank's liabilities increased by more than 29%, amounting to 357.4 billion AMD, the liabilities to customers increased by about by 23% and by the end of the year made 208.7 billion AMD. A big increase was registered in terms of credit investments. the annual growth was around 63% while the overall system growth was only 21%. As part of credit investments, the portfolio of SME loans grew by more than 73%, and the portfolio of consumer loans grew by 2.6 times.
Ameriabank's net profit on 31.12.14 as of now it was 7.1 billion AMD, the market share of which is 26%.
In the reporting year, term deposits of individuals also increased, which indicates the stable development of Ameriabank and the public's high trust in the Bank. In 2014, term deposits of natural persons increased by 27% compared to the previous year and amounted to more than 86 billion AMD at the end of the year.
2014 Ameriabank and the Netherlands Development Bank (FMO) signed a USD 20 million convertible subordinated loan agreement. It was the first time in the history of the RA banking system that an Armenian bank attracted a convertible subordinated loan from an international financial organization.
It should also be noted that Ameriabank in 2014 was awarded the Euromoney 2014 Excellence Award as the best bank of the year in Armenia, and was awarded three awards by the prestigious Global Finance magazine: 2014 The best bank of the year, 2014 The best bank of the year in the field of trade financing, 2014. The best bank of the year in terms of foreign exchange operations. The bank has also received a number of other awards from international institutions and prestigious banks.