Ameriabank has attracted a total of $ 16.7 million from Raiffeisen  Bank International and Bank Unicredit Austria for the development of  trade finance.

ArmInfo. Ameriabank continues to strengthen its leading trade finance positions in Armenia. The press service of the bank told ArmInfo that for these purposes Ameriabank raised $ 9.7 million from Raiffeisen Bank International and $ 7  million from Unicredit Austria Bank.

According to the source, new means of financing will provide an  opportunity for clients engaged in international trade to organize  activities in more competitive and favorable conditions.  "By  promoting the development of trade turnover in Armenia, we continue  to expand trade finance opportunities, actively cooperating not only  with international structures, but also with reputable commercial  banks. Only in the first half of 2019 Ameriabank attracted financial  resources from large commercial banks for $ 58 million, providing 85%  - annual growth. We will continue to expand cooperation, both with  importers and exporters, offering more flexible financing conditions  and modern solutions, "said the head of the Trade Finance Center  Ameriabank Surin Kocharyan.

According to the Financial Ratings of Banks of Armenia, as of January  1, 2019, prepared by ArmInfo IC, Ameriabank retains leadership in the  main balance sheet indicators. Assets at that date exceeded $ 1.6  billion (with an annual growth of 15%), credit investments - $ 1.1  billion (with an annual growth of 12%).  In terms of net profit,  increased in 2018 by 37.3% - to $ 21.7 million, Ameriabank also holds  the lead. By total liabilities, Ameriabank is also the leader, in the  structure of which the share of funds raised from international  financial institutions amounts to about 30% or $ 424.5 million (with  an annual growth of 20%) - this indicator also holds the lead.

Recall that Ameriabank, operating on the Armenian market since  October 31, 1996, is a universal bank providing investment, corporate  and retail banking services in the form of a comprehensive package of  banking solutions. The shareholders of the bank on April 1, 2019 are  the Ameria Group CY Ltd. - 56.6%, EBRD - 17.8%, Asian Development  Bank - 13.98%, ESPS Holding Limited - 11.62%.