Interview with Tareq Alnassar, Assistant Director-General, Private Sector and Trade Finance Operations, OPEC Fund for International Development

Ameriabank announces 2021 Q3 unaudited financial results

It was a great pleasure to host Vincent Lehner, Head of Markets at Symbiotics, during his first post-Covid business trip.

Ameriabank has signed long-term subordinated loan agreements with total volume of USD 17.5M during recent months, with an option to increase by USD 15M if required. The USD 17.5M sub debt funds, attracted from several partner institutions, qualify as Bank Tier 2 capital under Basel III framework and are aimed at strengthening the overall capital position of the Bank.

S&P Global Ratings improved the outlook on Ameriabank, revising it to positive from stable, and affirmed 'B+/B' long- and short-term issuer credit rating on the bank.  Ameriabank rating update follows the sovereign rating action: S&P assigned 'B+' long-term sovereign credit rating to Armenia, with positive outlook. This is the first sovereign rating assigned to Armenia by S&P.