ArmInfo. According to the Global Finance monthly magazine, Ameriabank won the nomination "Best Investment Bank 2020" in Armenia. This award from Global Finance is awarded to Ameriabank for the seventh time, annually in the last five years, and before that in 2012 and 2013.
According to the Bank's press service, the winners were selected according to the following important criteria: market share, opportunities to use banking investment instruments, volume and number of transactions, quality of service, consulting, structuring of operations, innovativeness, pricing, initial placements in the capital market and service opportunities in the secondary market, a large list of partners in the international market represented by financial institutions, market reputation, etc.
According to the source, the general list of winners will be published in the April issue of Global Finance.
The source emphasizes that Ameriabank, attaching importance to the development of distance banking services, continues to present new digital solutions and innovative proposals in the financial market of Armenia.
To note, the Global Finance monthly magazine has been published since 1987. The magazine has over 50,000 subscribers in 180 countries. The target audience of the publication is the leaders and representatives of the world's largest private and public financial institutions. Specialists of the publication analyze the important financial indicators of more than 192 countries.
According to the Express Ranking of Banks of Armenia prepared by ArmInfo IC, as of Dec 31, 2019 Ameriabank continues to lead in the main financial indicators. The bank's assets amounted to 968.1 billion drams ($ 2.02 billion, 1st position), credit investments and other loans- 585.7 billion drams ($ 1.2 billion, 1st position), investments in securities - 76.2 billion drams ($ 158.7 million, 2nd position). The bank is also the leader in terms of total liabilities - 866.9 billion drams or $ 1.8 billion, in the structure of which liabilities to customers (term deposits and demand deposits) amounted to 68.4% or 593.2 billion drams ($ 1.2 billion, 1st position), loans attracted from international financial institutions - 23% or 197.7 billion drams ($ 412.1 million, 1st position), and funds received from the placement of own bonds - 6.3% or 54.5 billion drams ($ 113.8 million). The total capital of the Bank at that date amounted to 101.2 billion drams or $ 211 million, and the standard total capital is 115.2 billion drams or $ 240.1 million, the bank maintained the leadership in these two indicators. Ameriabank concluded the year 2019 with a net profit of 12.1 billion drams or $ 25.3 million (1st position). The Bank provided capital adequacy ratio at the level of 14.7% (with the required min 12%), total liquidity - 27.9% (with the required min 15%), current liquidity - 94.5% (with the required min 60%).
To recall, Ameriabank CJSC is a universal bank that provides 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. The branch network of Ameriabank has 19 branches, of which 11 in Yerevan and 8 are regional. The shareholders of Ameriabank as of January 1, 2020 are Ameria Group CY Ltd. - 56.53%, EBRD - 17.78%, Asian Development Bank (ADB) - 13.96% and ESPS Holding Limited - 11.73%. In March 2016, the bank began issuing its bonds, the number of issues by February 13, 2020 had already reached 17, of which 13 were dollar in the total amount of $ 107.710 million (of which 3 have already been paid off), 1 was euro in the amount of 3 million (already repaid) and 3 AMD issues in the total amount of 8 billion, which were included in the lists of "Abond" and "Bbond" of the Armenian stock exchange AMX. Of these issues, 10 USD and 3 AMD issues are quoted today. Along with this, Ameriabank in June 2016 through its investment manager represented by responsAbility Investments AG successfully placed $ 20 million debt securities in four Luxembourg investment funds, subsequently directing the proceeds from this loan to SME lending and financing energy efficiency and renewable energy projects. Distinctive awards are: from Euromoney (2016-2019, 2014, 2011-2012), from Global Finance (2015-2019, 2012-2013), from The Banker / FT (2019, 2015-2017, 2013, 2010), from Commerzbank- since 2008, annually awarded the "STP-Award". Ameriabank is the only financial institution in Armenia that has a S&P credit rating (B +, with a stable outlook).