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Ameriabank named The Best Bank of the Year 2013 in Armenia by The Banker Magazine
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Ameriabank was named The Best Bank of the Year 2013 in Armenia by The Banker Magazine, premier Financial Times publication. This is the second time Ameriabank honors the recognition as the Best Bank in the country by the Banker.

The Banker's 14th Bank of the Year Awards was held in London November 28 this year. The award is the highest acknowledgement of the achievements in banking all over the world. This year there were 483 entries from 146 countries.

According to the event organizers, Ameriabank received recognition judged on its active operation in the financial market as a universal bank to achieve its strategic goals and becoming a leading financial institution in Armenia. It was noted that the Bank reported 48.9% increase in profits in 2012 to reach 14.9 mln USD by the yearend. The bank retained its position of innovative and leading bank ensuring at the same time minimum NPL. The bank enhanced and developed retailed banking business driven by the implementation of new IT, innovations and improvement of service quality. Ameriabank focused on the SME finance projects, card products development and application of new and advanced solutions.

During the award ceremony Ameriabank received a certificate and a prestigious Bracken award, named after Brendan Bracken, the founding editor of The Banker and the chairman of the modern-day Financial Times from 1945 to 1958.

Updated 09.01.2014, 18:32
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