Ameriabank named the Best Bank in Armenia at Euromoney Awards for Excellence 2012
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Ameriabank has won Euromoney 2012 Award For Excellence as the best bank in Armenia for the second year in a row.

The award ceremony was held on July 5 this year in London.

Since 1992 Euromoney, the world’s leading financial markets magazine, has singled out the outstanding institutions in finance worldwide granting awards in various nominations. Euromoney awards for Excellence now incorporate 29 global awards for banking and capital markets; and awards for the best banks and securities houses in almost 100 countries around the world.Euromoney 2012 award "For Excellence" Ameriabank

The best bank award went to Ameriabank in recognition of its strengthening market position in the region, efficient management system, implementation of clients’ relationship management system (Terrasoft CRM), availability of stable risk management system and introduction of new products, such as gold structured deposit, savings accounts, Diaspora deposits, unprecedented mortgage loans in the Armenian market, customs card, gift card, express leasing and investment loans to individuals.

Among other considerations for the award were stable growth of the bank, continuous innovations, progressive approaches, implementation of large lending projects to support development of small and medium-sized enterprises (SME), raising and successful allocation of 132 million US dollars from International Financial Institutions (International Finance Corporation (IFC), Dutch development finance company (FMO), Germany’s DEG (KfW Bankengruppe member), European Bank for Reconstruction and Development (EBRD), Eurasian Development Bank (EDB), Asian Development Bank (ADB) and other outstanding banks) mainly to support the development of renewable energy infrastructure and small and medium-sized enterprises (SME).

Updated 29.10.2012, 10:12
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