ArmInfo. The team of Ameriabank won in the final of the 8th international competition "Virtual Banking" on asset management and liabilities, organized among financial and credit organizations. As the press service of the Bank told ArmInfo, the final round was held on November 23 in The Hague. The award ceremony took place at the head office of the FMO.
According to the source, the second place in the final round was taken by the team from Supervielle (Argentina), the third - the team from Ficohsa (Honduras), the fourth - the team from Bancop SA (Paraguay). A total of 30 banks from Africa, Asia, Latin America, Europe and Central Asia took part in the competition, but teams from Ameriabank (Armenia), Bancop SA (Paraguay), Supervielle (Argentina) and Ficohsa (Honduras) came to the finals.
The competition is funded by the FMO (Bank for International Development of the Netherlands), DEG (member of the banking group KfW) and PROPARCO (French Agency for Financial Development). The organizer was SimArc NV, which presents new progressive approaches in the financial and credit sphere, creating great educational opportunities for the participants of this market.
According to the Financial Rating of the Armenian Banks as of September 30, 2017, prepared by NA ArmInfo, Ameriabank is in the lead in terms of total capital, assets, credit investments, liabilities, raising funds from international structures. In addition, Ameriabank ranks second in terms of charter capital, investments in securities, and net profit. The bank occupies the third position on term deposits, with the same position on term deposits of natural persons, but the second position on term deposits of legal entities, while leading on demand deposits both legal entities and individuals. As of October 1, 2017, the total capital of Ameriabank was 68.6 billion AMD, charter capital - 39.8 billion, assets - 667.3 billion, credit investments - 441.9 billion (66.2% of assets), investments in securities - 71.1 billion (incl. in government bonds - 53.8 billion), liabilities - 598.8 billion, term deposits - 202.8 billion, demand deposits - 192.9 billion, attracting from international structures - 150.6 billion drams. Ameriabank summed up 9 months of 2017 with a net profit of 5.4 billion drams, with an annual growth of 53.6%. Ameriabank is also very active in terms of issuing corporate bonds: today, 7 issues of Ameriabank bonds are listed on the Nasdaq OMX Armenia stock exchange - two drams in the total amount of 2.5 bln AMD, four dollars in total amount of $ 45 mln, one EUR in the amount of 3 mln EUR, and all they are quoted in the main list of Abond. (The calculated exchange rate of AMD as of 30.09.2017 is 478.41 dr / $ 1).
CJSC Ameriabank is a universal bank that provides investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. The bank has been operating in the Armenian market since October 31, 1996. As of July 1, 2017, the Bank's shareholders are Ameriain Group - 65.8%, EBRD - 20.7% and ESPS Holding Limited - 13.5%.