Ameriabank has been named the Bank of the Year 2024 in Armenia by The Banker Magazine, a leading financial publication affiliated with the Financial Times (FT). Winners of the Bank of the Year Awards were announced at the 2024 Banker Awards ceremony held in London on December 4.

High growth of net profit (+12.3% YoY) and steadily high profitability (ROE of 25.1%)

Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks

Robust growth of loan book (+32.9% YoY) and steadily high profitability (ROE of 25.6%)

An agreement has been reached for Ameriabank to join Bank of Georgia Group PLC (“BOGG” or the “Group”), with the latter conditionally purchasing 100% of shares of Ameriabank (the “Transaction”).