Ameriabank Leads the Mortgage Market, with 21% Share - News | Ameriabank
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Ameriabank Leads the Mortgage Market, with 21% Share

16 Feb, 2024 | Press release, All | Return|

Ameriabank retains absolute leadership in the banking sector of Armenia by the mortgage loan portfolio, with 21.3% market share (December 31, 2023).

In 2023, Ameriabank’s mortgage portfolio increased by more than AMD 47 billion or 25.3% surpassing AMD 233 billion as of December 31, 2023

Note that over 45% of mortgage loans provided by Ameriabank during the same period for the purchase of housing from the developers was issued online. Moreover, in December, the same indicator was already 51%. 

Ameriabank’s platform enables homebuyers to buy an apartment from the developers completing the entire journey online, without visiting the bank. Currently over 90 buildings are represented on the platform offering 1,650 apartments and houses. 

For more details, watch the video.