Ameriabank was named Bank of the Year 2019 in Armenia by The Banker magazine, a premier publication of Financial Times. This is the sixth Bank of the Year award of Ameriabank within last 9 years. 

Ameriabank won this honor of recognition considering its exceptional growth metrics, coupled with the adoption of innovative products and services. The organizers highlighted Ameriabank’s strengthening market position as a major universal bank in Armenia, with impressive growth in return on equity fueled by growth of net profit, assets and capital. Ameriabank has also registered significant achievements in the digital and distance banking, enjoying considerable transaction growth, with the share of transactions executed through digital or self-service channels reaching 77% of the bank’s total transactions in 2018.

“The factors contributing to our success are good customer experience, up-to-date methods and a professional team,” commented Artak Hanesyan, CEO, Ameriabank.

About the Bank of the Year Award
The Banker’s Bank of the year Award is the highest acknowledgement of achievements in banking all over the world. Each year top banks from all participating countries are crowned with this prestigious award based on their performance and achievements throughout the year. For more information, please visit The Banker’s website.

About The Banker
The Banker provides economic and financial intelligence for the world's financial sector and has built a reputation for objective and incisive reporting. It has been the trusted source of banking information since 1926. The Banker has navigated its way through over 90 years of banking coverage from the Wall Street Crash of 1929 to the financial crisis of 2008 with the same reputation for accuracy, authority and integrity. For more information, please visit The Banker’s website.