Asian Development Bank recognizes Ameriabank as leading partner in Armenia

ArmInfo. Ameriabank is recognized as the owner of the Asian Trade Bank Development Finance Award (TFP ADB) in the "Leading Partner Bank in Armenia 2018" nomination. As Ameriabank's press service told ArmInfo, at the award ceremony held on September 4 in Singapore, the head of trade finance department of the corporate department Suren Kocharyan and chief specialist Tatev Hakobyan participated from Ameriabank.

The holders of the ADB award for trade financing were recognized as the 23 leading partner banks from 15 countries.

Awarding the winners of the "TFP Awards and Partners" took place on the first day of the annual Global Trade Review in Singapore - GTR Asia Trade and Treasury Week 2018 - one of the leading conferences on trade finance in Asia.

It should be noted that the Asian Development Bank (ADB), headquartered in Manila, was founded in 1966. with a view to reducing poverty in the Asia-Pacific region, through inclusive economic and environmentally sustainable growth, as well as regional integration.  67 AD countries are represented in the ADB, incl. 48 countries of the Asia-Pacific region. The largest shareholders of ADB are Japan (15.62%), the United States (15.51%), China (6.45%), India (6.34%), Australia (5.79%), Indonesia (5.45% ), Canada (5.24%), South Korea (5.04%) and Germany (4.33%). In 2017 ADB conducted operations in the total amount of $ 32.2 billion, including co-financing of $ 11.9 billion. The Asian Development Bank operates under the TFP program with more than 200 partner banks to provide companies with the financial support they need to participate in imports and exports.  Since 2009, ADB has supported more than 12,000 small and medium-sized enterprises in developing countries in Asia for over $ 30 billion.  TFP is supplemented by the Supply Chain Finance Program (SCFP), which ADB again launched this year to help small and medium enterprises in developing countries gain access to financing. ADB plans to expand this business in partnership with local, regional and global banks, as well as suppliers of the SCF platform and industry experts to build capacity across the region.

Recall that Ameriabank is a dynamically developing bank in Armenia, one of the largest and most stable financial institutions of the country. Today Ameriabank is a universal bank that provides a full package of corporate, investment and retail banking services, and the leader of the banking sector of Armenia in all key indicators (assets, liabilities, loan portfolio, net profit and capital). The bank has been operating in the Armenian market since October 31, 1996. Ameriabank's shareholders are Ameria Group CY Ltd.

- 56.6%, EBRD - 17.8%, Asian Development Bank - 13.9% and ESPS Holding Limited - 11.7%.  Distinctive awards: from Euromoney (2017, 2016, 2014, 2012, 2011), from Global Finance (2017, 2016, 2015, 2013, 2012), from The Banker / FT (2017, 2016, 2015, 2013, 2010), from Commerzbank has been awarded the "STP-Award" award since 2008.