HERE AND BEYOND
Ameriabank is Market Leader by the Volume of Factoring Operations per 2018 Results
Media Room

Ameriabank is the leader of market in Armenia by the volume of factoring operations as per 2018 results. As of year-end the bank’s factoring portfolio was about AMD 11 billion, which represents a 59% increase over 2017. Currently the bank boasts an impressive AMD 12+ billion factoring portfolio.

As an excellent short-term financing solution, Ameriabank actively employs factoring among its services, the result being that currently our factoring portfolio is rather diversified covering such industries as energy, construction, trade, public services, etc. A flexible financial tool, factoring delivers funding to market players who encounter working capital and cash flow shortages in their business cycle, at the same time enabling them to network with partners on deferred payment terms. Factoring best suits clients for assigning their receivables to the bank at discounted prices to receive instant cash payment with short maturities to keep up with financial operations.  

A significant portion of transactions is export factoring. Ameriabank closely cooperates with the Export Insurance Agency of the Republic of Armenia to increase the range of opportunities for exporters to have more reliable and seamless financing options with their overseas partners.    

Updated 22.03.2019, 18:26
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