ArmInfo. Ameriabank has the only credit portfolio in Armenia that exceeds $ 1 billion, amounting to $ 1.166 billion as of January 1, 2019, against $ 9 million ten years earlier (almost 130 times increase). The press service of the bank told ArmInfo that primacy is also retained on assets - $ 1.612 billion, against $ 44.5 million ten years ago (an increase of more than 36 times). The volume of investment attracted by banks increased over 10 years (2007-2018) from $ 5.7 million to $ 132.7 million (an increase of 23.3 times).Ameriabank also leads in total liabilities, the volume of which increased over the ten-year period from $ 33 million to $ 1.426 billion (an increase of 43.2 times).
Moreover, the funds raised from customers jumped in 2007-2018 from $ 29 million to $ 906 million (an increase of 31.2 times).The bank also holds leadership in terms of net profit, having increased it over the past 10 years from $ 0.5 million to $ 22 million (an increase of 44 times). Only in 2018, the net profit of the bank increased by 37.3%.Over 10 years of active work, Ameriabank increased the number of employees from 34 people. to 976 people, and in 2018 alone, the bank's staff increased by 196 people.
"Attaching importance to the path and joint achievements with clients, Ameriabank appreciates the contribution of each partner and its team in ensuring continued growth and development of the bank. It is thanks to this that Ameribank became the leading financial institution in Armenia in almost all key indicators and plays a leading role in the development of economy, was able to position a unique corporate culture, and be a responsible structure in relation to society. Ameriabank will continue to develop steadily, according to its stratum Egypt, pursuing the most ambitious goals, "- said in a statement the bank.According to the Financial Rating of Banks of Armenia, as of January 1, 2019, prepared by ArmInfo IC, Ameriabank increased its assets for 2018 by 15%, credit investments - by 12%, keeping the primacy by the absolute value of these winners. In corporate lending, the 1st position was also entrenched for Ameriabank, with an increase in the volume of 2018 by 5.7%. But in terms of retail lending, the annual growth was much higher - 65.3%, with a rise in volume to the 4th position, which indicates the bank's intentions to become a leader here.
The bank is one of the leaders in lending to the industrial sector (including the energy complex), agriculture, the construction sector, trade, transport and communications, catering and services, mortgage lending. Bank is also a leader in lending to SMEs. But the main concentration of credit investments of the bank falls on the industrial sector and trade. The net profit of the bank increased in 2018 by 37.3%. Ameriabank retains lead on demand liabilities - $ 429.5 million, taking the 3rd position on term deposits - $ 395.4 million. On deposits of individuals (term and demand), Ameriabank occupies the 2nd position - $ 403 million (with an annual growth of 7.8%).Ameriabank is also very active in the corporate bonds market of Armenia, having started issuing its securities from March 2016. AMX is currently listed on the Armenian stock exchange AMXAmeriabank: 8 dollars in the total amount of $ 76 million, 1 euro for 3 million and 2 drams for a total of 5 billion, which are on the Abond and Bbond lists. Along with this, in June 2016, Ameriabank, through its investment manager, the company responsAbility Investments AG, successfully placed debt securities of $ 20 million in 4 Luxembourg investment funds.Recall that Ameriabank is a universal bank providing investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. The bank has been operating in the Armenian market since October 31, 1996. Ameriabank has a branch network of 16 divisions, of which 10 are metropolitan and 6 are regional As of January 1, 2019, the shareholders of Ameribank are: Ameria Group CY Ltd. - 56.6%, EBRD - 17.8%, Asian Development Bank (ADB) - 13.98% and ESPS Holding Limited - 11.62%. The Bank annually Awarded distinctive awards from Euromoney, Global Finance, The Banker / FT, from Commerzbank. Ameriabank is the only organization in Armenia that has credit ratings of three agencies: S & P (B +, with "Stable" outlook), Moody's (B1, with "Positive" outlook) and Fitch (B +, with outlook "Stable").