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Global Finance Names Ameriabank Best Bank Of Armenia 2015

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  • Global Finance Names Ameriabank Best Bank Of Armenia 2015

    GLOBAL FINANCE NAMES AMERIABANK BEST BANK OF ARMENIA 2015

    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).

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    http://arka.am/en/news/business/global_finance_names_ameriabank_best_bank_of_armen ia_2015/#sthash.J0QSTpPg.dpuf

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