Ameriabank Receives 4 Sustainable Finance Awards from Global Finance

ArmInfo. 

Ameriabank has been  honored with four awards for achievements in environmental and social  sustainability financing at the third annual Sustainable Finance  Awards by Global Finance magazine, held recently in London, UK. In  particular, Ameriabank has been named the Best Bank in Sustainable  Finance in Armenia for the second year in a row and this year also  honored in 3 other regional nominations for its outstanding  leadership in sustainability initiatives in Central and Eastern  Europe, the press service of the Bank reports.  According to the  source, the full list of the Awards includes: Best Bank in  Sustainable Finance in Armenia 2023; Outstanding Leadership in  Sustainable Project Finance in Central & Eastern Europe 2023;  Outstanding Leadership in Green Bonds in Central & Eastern Europe  2023;  Outstanding Leadership in Transition/Sustainability Linked  Loans in Central & Eastern Europe 2023.  The Global Finance  Sustainable Finance Awards recognize global, regional and local  leadership in Sustainable Finance - funding for initiatives designed  to mitigate the negative impacts of climate change and help build a  more sustainable future for humanity. Winners and Honorees were  selected based on a number of evaluation criteria, including  governance policies and goals as well as measurable achievements in  environmental and social sustainability financing.  "Global energy  prices have waxed and waned during the past few years due to the  pandemic and regional conflicts. Nonetheless, financial commitments  to sustainability have not wavered. Global Finance's Sustainable  Finance awards recognize the financial institutions that have  initiated, maintained and grown their sustainable offerings and  financing throughout 2022." said Global Finance founder and editorial  director Joseph Giarraputo.  "These awards are the recognition of our  commitment and significant progress in promoting environmental  responsibility, in line with our SDG-driven sustainability strategy.  We remain focused on innovative financing tools and responsible  business practices in our operations to ensure sustainable  development and create long-term value. We would like to express our  gratitude to Global Finance for continued appreciation of our pursuit  of a sustainable future." said Ameriabank CEO Artak Hanesyan.  As a  leading player in Armenia's finance sector and significant  contributor to the country's economy, Ameriabank has made a corporate  commitment for a low-carbon Green Assets Portfolio. Working closely  with international financial institutions to contribute to  development of green economy has always been an important part of  Ameriabank's business. Since 2009, the bank has financed more than  USD 225 million worth energy efficiency and renewable energy projects  with the support of various international financial institutions.   Following the first private placement of Green Bonds in 2020, in 2022  Ameriabank became the first in Armenia to issue and place Green Bonds  publicly. All the Green Bonds of Ameriabank having been successfully  placed, their proceeds - a total of c. 60 million USD - are used to  finance the bank's Green Assets Portfolio - from renewable energy to  waste management.  Armen Aslanian, Ameriabank's representative in  London, received the awards on behalf of the Bank. Earlier this year,  Ameriabank was named the Best Bank and Best Investment Bank in  Armenia by Global Finance.  

Global Finance, founded in 1987, has a circulation of 50,000 readers  in 192 countries, territories and districts.  Global Finance's  audience includes senior corporate and financial officers responsible  for making investment and strategic decisions at multinational  companies and financial institutions. Its website - GFMag.com -  offers analysis and articles that are the legacy of 36 years of  experience in international financial markets. Global Finance is  headquartered in New York, with offices around the world. Global  Finance regularly selects the top performers among banks and other  providers of financial services. These awards have become a trusted  standard of excellence for the global financial community.

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,  Business.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.