First in Armenia: Ameriabank’s Mortgage Portfolio Goes Past AMD 200B - News | Ameriabank
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31Aug

First in Armenia: Ameriabank’s Mortgage Portfolio Goes Past AMD 200B

31 Aug, 2023 | Press release, All | Return|

For around 6 years, Ameriabank has retained absolute leadership in the Armenian banking sector by mortgage loan portfolio. In H1 2023, Ameriabank’s mortgage portfolio increased by more than AMD 23B to a total of USD 209.6B, thus becoming the first in the market to go past the mark of AMD 200B. 

For the same period, over 40% of Ameriabank’s mortgage loans for the purchase of apartments from developers were provided online. 

Last year Ameriabank launched Estate.ameriabank.am platform for a fully online experience of buying a home and getting a loan, from selection of developer to loan approval. The platform makes it possible to invite co-borrowers.

For more details, please watch the video