ArmInfo.For around 6 years, Ameriabank has retained absolute leadership in the Armenian banking sector by mortgage loan portfolio. In H1 2023, Ameriabank's mortgage portfolio increased by more than AMD 23B to a total of USD 209.6B, thus becoming the first in the market to go past the mark of AMD 200B, the bank's press release reads.
For the same period, over 40% of Ameriabank's mortgage loans for the purchase of apartments from developers were provided online. Last year Ameriabank launched Estate.ameriabank.am platform for a fully online experience of buying a home and getting a loan, from selection of developer to loan approval. The platform makes it possible to invite co-borrowers. For more details, please watch the video. According to the Financial Rating of Banks of Armenia as of June 30, 2023, prepared by ArmInfo, Ameriabank increased its loan portfolio year-on-year by more than 20% - up to $2.1 billion, taking the lead in the country's banking sector. For several years, the Bank has maintained its absolute leadership in mortgage lending and already covers 22% of the total volume in the market. In Ameriabank's loan portfolio, the share of mortgage lending is already approaching 26%. In the Armenian banking system, only Ameriabank's capital has such institutional investors as the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB), whose total share is 31.63%.
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. Ameriabank is supervised by the Central Bank of RA.