Global Finance names Ameriabank best bank of Armenia 2015
17.03.2015,
15:45
Ameriabank was named the best bank of Armenia 2015, the bank’s press office told ARKA News Agency citing the findings of ‘The World’s Best Emerging Markets Banks’ study conducted by Global Finance Magazine.
YEREVAN, March 17. /ARKA/. Ameriabank was named the best bank of Armenia 2015, the bank’s press office told ARKA News Agency citing the findings of ‘The World’s Best Emerging Markets Banks’ study conducted by Global Finance Magazine.
Ameriabank wins this title for the fourth time starting from 2012.
The organizers of the contest say this title was given to Ameriabank for a number of most important indicators that show the bank’s activity, particularly asset growth, profitability, establishment of strategic relations, range of services, competitive price-making policy and innovative decisions.
Wells Fargo (the United States), ING (Belgium, the Netherlands), UBS (Switzerland), Sberbank (Russia), TBC (Georgia) and other financial organizations were recognized best as well.
Ameriabank CJSC is a universal bank providing investment, corporate and retail banking services in a package. Ameriabank is the first investment bank in Armenia. It started providing a wide range of innovative banking services in 2007.
The bank's assets totaled AMD 399.7 billion in 2014 (26.9% growth) and liabilities AMD 357.4 billion (29.3% growth). Its capital amounted to AMD 42.3 billion (9.43% growth) and net profit to AMD 7.1 billion in 2014 against AMD 6 billion in 2013 (18% growth). ($1 – AMD 480.85). ---0-----
