Vardanyan: Ameriabank intends to develop into best commercial banks of Armenia and CIS

YEREVAN, November 13. /ARKA/. Ruben Vardanyan, the chairman of Ameriabank’s directorial board and the head of Troika Dialogue Group’s directorial board, told journalists on Thursday at the bank’s home office opening ceremony that Ameriabank intends to develop into the best commercial banks of Commonwealth of Independent States, not only Armenia.

“We were in luck, since we enlarged our capital and adopted our development program right before the recession,” he said. “That’s why, despite adverse environment, the bank had a good chance to build up its capacity. We has grown many times, though it was not so easy to do it amid the crisis”.

Remarkable is that the bank hasn’t changed its strategy, “we has come for a long time and with sufficient financial resources”.

“Some products that are usually sold on markets when things go in a due course, were temporarily left until later,” Vardanyan said.

He said Ameriabank wants not only to be profitable, but also has ambition to set a good example in some types of activities, particularly by displaying a high sense of commitment toward its clients and the personnel. 

Artak Anesyan, Ameriabank’s director general-directorial board chairman, who spoke at a press conference as well, said that the next year the bank will pay special attention to widening the rage of services for corporate clients.

Extension of loans to small- and mid-scale entrepreneurship and those businesses involved in the energy system will be among these services. 

“Besides, we have worked out a new service on running assets,” he said. “This service will be offered soon. This is a service on subordinated liabilities and trust management.”

The Ameriabank CJSC (former Armimpexbank) was founded in July 1992 using the facilities of the Armenian branch of the USSR Vnesheconombank (Foreign Economy Bank). On September 8, 1992, the bank received a banking license from the Central Bank of Armenia.

Last August, TDA Holdings limited, affiliated with Troika Dialogue, Russia’s leading investment company, purchased the bank’s shares. -0--