S&P Global Ratings re-affirms Ameriabank’s (the Bank) 'B+/B' long and short-term issuer credit ratings with stable outlook. 
 
The affirmation reflects S&P’s belief that the Bank's sufficient liquidity, prudent risk management and strong local brand name will enable it to withstand potential stresses from expected macroeconomic contraction resulting from the COVID-19 pandemic, better than its local and international peers. 
 
The agency expects that the bank's capitalization will strengthen further in 2021, supported by capital injections from new investors. The base-case scenario is that the bank will maintain a broadly stable deposit base of retail and corporate depositors, and a high liquidity cushion.
 
Ameriabank’s  'bb-' Stand-alone Credit Profile (SACP) is one notch higher than  the 'B+' long-term rating, as the latter is constrained by the sovereign's  creditworthiness.
 
Long-term credit rating: B+
Short-term credit rating: B
Outlook: Stable
SACP: bb-