Thursday, March 2 2023 21:39
Karina Melikyan

Ameriabank doubles SME portfolio over five years

Ameriabank doubles SME portfolio over five years

ArmInfo.Ameriabank's SME loan portfolio amounted to AMD 163.6 billionas of December 31, 2022,  representing a double increase over the last five years, the press service of the Bank reports.

According to the source,  furthermore, the number of Ameriabank's SME  clients grew significantly, increasing six-fold compared to the 2018  figures. During the same period, the number of loans issued to SMEs  by Ameriabank grew by 5.5 times.

Since 2018, Ameriabank has been offering a convenient business  support environment through the business.ameriabank.am platform. This  platform serves as a one-stop-shop for clients, enabling them to open  an account, receive a card and access online/mobile banking, apply  for loans up to 10 million AMD, and avail of other services and  benefits offered by the bank, without the need to visit a physical  branch.  Recent data have shown that during 2022, seven out of ten  Ameriabank clients received their loans online through the  business.ameriabank.am platform.  Ameriabank's investments in SME  sector were summarized within the scope of the "Triple Best"  campaign. Varuzhan Muradyan, the founder of Van Ardi winery, spoke  about the importance of small and mid-size wine companies, sound  business partnership and cooperation with Ameriabank. 

We would like to remind that in 2022 Ameriabank was named the Best  Bank of the year in Armenia by three leading international magazines  - The Banker, Euromoney, and Global Finance. On this occasion,  "Triple Best" campaign was launched under the slogan "The Best  Opportunity is Created by People". It is dedicated to all people who  stood behind the Bank's achievements during the recent years, from  clients and partners to employees of the Bank.  

Ameriabank is a leading financial and technology company in Armenia,  a major contributor to the Armenian economy, with assets exceeding  AMD 1 trillion. In the course of digital transformation, it has  launched a number of innovative solutions and platforms going beyond  banking-only needs of its diverse customer base, thus creating a  dynamically evolving financial technology space.  Ameria was the  first in Armenia to create ecosystems for both businesses and  individuals, which give one-window access to a range of banking and  non-banking services, among them - Estate.ameriabank.am,  Automarket.ameriabank.am, Sme.ameriabank.am.  As a truly  customer-centric company, Ameria aims to be a trusted and secure  financial technology space with seamless solutions to improve the  quality of life.