ArmInfo.. Ameriabank got Quality Excellence Award 2020 (Straight-Through Processing Quality Award) for high quality of intenational money transfers, the press service of Ameriabank told ArmInfo. The award ceremony was organized by the Austrian Raiffeisen Bank International.
Raiffeisen Bank gives the Quality Excellence Award to the best partner financial institutions in different countries of the world. The award is considered to be a very important quality indicator of international payment transactions and stands for the degree of automation and the speed of processing.
Ameriabank's high quality standards and efficient partnership were emphasized at the award ceremony.
Ameriabank also highly appreciates cooperation with Raiffeisen Bank International based on firm grounds and trust.
Ameriabank's cooperation with Raiffeisen Bank International in the field of intenational money transfers began just a few years ago. The award is an evidence of trust, reliability, and efficient collaboration developed within such a short period of time.
For details on Ameriabank's intenational money transfers, please follow this
According to the Financial Rating of Banks of Armenia as of December 31, 2020, prepared by ArmInfo IC, Ameriabank continues to lead in terms of key financial indicators, and by the end of 2020 it became the only bank with assets over 1 trillion AMD. Thus, the bank's assets amounted to 1.1 trillion drams ($ 2.1 billion, 1st position), credit investments - 702.5 billion drams ($ 1.3 billion, 1st position). In terms of total liabilities, the bank is also in the lead - 980.9 billion drams or $ 1.9 billion, in the structure of which liabilities to customers (time deposits and demand deposits) exceeded 61% or 598.8 billion drams ($ 1.2 billion, 1st position), loans attracted from international financial institutions - 24% or 232.9 billion drams ($ 445.7 million, 2nd position). The total capital of the Bank as of that date amounted to 109.7 billion drams or $ 209.9 million, and the normative total capital - 129.1 billion drams or $ 247.1 million, and according to these two indicators the leadership is also held. Ameriabank finished 2020 with a net profit of 9 billion drams or $ 17.2 million (2nd position). It should be reminded that Ameriabank CJSC is a universal bank providing 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. The branch network of Ameriabank has 19 subdivisions, of which 11 are in the capital and 8 are regional. As of January 1, 2021, Ameribank's shareholders are Imast Group (CY) Limited (formerly Ameria Group (CY) Limited) - 48.95%, EBRD - 17.76%, Asian Development Bank (ADB) - 13, 94%, ESPS Holding Limited - 11.83%, Afeyan Foundation for Armenia Inc. - 7.52%. Distinctive awards: from Euromoney (2016-2019, 2014, 2011-2012), from Global Finance (2015-2021, 2012-2013), from The Banker / FT (2019-2020, 2015-2017, 2013, 2010), from Commerzbank has been awarded the STP-Award every year since 2008. Ameriabank is the only financial institution in Armenia that has S&P credit rating (B +, with a "Stable" outlook).
