Ameriabank announces 2019 Q3 unaudited financial results

Ameriabank acted as a Lead Arranger and Bookrunner for Zangezur Copper Molybdenum Combine closed joint stock company’s (“ZCMC” or the “Company”) inaugural bonds. ZCMC, the largest taxpayer in the Republic of Armenia, successfully debuted in the Armenian capital markets with their $50mm and AMD 2.5 billion 3-year bonds offerings. Ameriabank will be also the market maker of the bonds on the Armenia Securities Exchange.

Ameriabank CJSC and FMO (Dutch Entrepreneurial Development Bank) signed USD 20 million equivalent Local Currency Facility Agreement channeled to “green” projects and youth financing in Armenia.

Robust growth of retail business with increasing share in total loan portfolio

Moody’s has upgraded Ameriabank's long-term local currency deposit rating to Ba3 from B1 and long-term foreign currency deposit rating to B1 from B2.