14Feb
Ameriabank is the absolute leader of the Armenian banking system in the car loan market with a share of 50%
Ameriabank is the absolute leader of the Armenian banking system with its portfolio of car loans in AMD, holding a market share of more than 50% (as of December 31, 2024). In 2024, Ameriabank’s portfolio of car loans in AMD grew by 49% YoY.
During the same period, more than 30% of Ameriabank’s car loans were issued online, via MyCar.am platform.
MyCar.am platform allows visitors to find a car that meets any of their needs and resources, choosing among offers by the leading dealers in the primary and secondary markets. The platform presents official offers by 40 global automakers, as well as a wide range of new electric cars.
In 2024, the number of cars presented on the platform grew by around 6 times YoY and the website traffic increased by 4.5 time during the same period.
The platform helps save the clients’ time, quickly navigate the price-quality ratio, and make the best choice. Filters, calculators, and car comparison features make the process of searching and finding a car as simple as possible.
For more details, watch the video.