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Ameriabank

Ameriabank's headquarters in Yerevan
Company type	CJSC
Industry	Banking, Financial services
Founded	1910; 114 years ago (1910)
Headquarters	Yerevan, Armenia
Products	Corporate, credit cards, consumer banking, corporate banking, investment banking, mortgage loans, private banking, wealth management
Total assets	AMD 1,252 billion (Dec 2022)^[1]^[2]^[3]
Owner	Bank of Georgia Group Plc - 90% Directly - 60% Through Bank of Georgia Jsc - 30% European Bank for Reconstruction and Development - 10%
Number of employees	1426 (Dec 2022)
Website	www.ameriabank.am

Ameriabank CJSC (Armenian: Ամերիաբանկ ՓԲԸ) is an Armenian universal bank offering corporate, investment and retail banking services headquartered in Yerevan, Armenia.^[4]

History

Ameriabank was established in 1910 as a branch of Caucasian Trade Bank, which during the Soviet era was transformed into the Armenian branch of the Foreign Trade Bank of the USSR. It became a standalone bank again in 1992 after it obtained a banking license from the Central Bank of Armenia. By 2014, it had won the Euromoney award for best bank in Armenia three times.^[5]

In 2014, the bank introduced AmeriaToken, a one-time password generator.^[6]^[7]

In December 2015, the European Bank for Reconstruction and Development (EBRD) acquired a stake in Ameriabank's statutory capital. The bank's statutory capital increased by AMD 6,639,680,000.

In February 2018, the Asian Development Bank (ADB) acquired a stake in the bank's statutory capital. The bank's statutory capital increased by AMD 5,213,120,000.

In February 2024, management of Ameriabank signed an agreement about its acquisition by the Bank of Georgia. That has to be agreed to by the respective shareholder meetings and financial oversight authorities.^[8]

Currently, the statutory fund of the bank is AMD 54,414,765,000 Armenian drams which consists of 117,021 ordinary nominal shares with par value of AMD 465,000 each.

Gallery

The bank's headquarters in Yerevan at night
Ameriabank's Komitas branch, Yerevan
Former logo used until 2023

References

^ "Annual Report 2022" (PDF).
^ "Ranking of Armenian banks by size of assets in 2017".
^ KPMG (February 2018). "Armenian Banking Sector:2017 4th Quarter Results" (PDF). KPMG. Retrieved 27 June 2018.
^ "Central Bank of Armenia".
^ "Ameriabank Wins Euromoney Award for Third Time". Asbarez Armenian News. August 7, 2014. Retrieved 2 September 2014.
^ "Ameriabank introduces one-time password generator AmeriaToken". Arka. August 25, 2014.
^ "Ameriabank launches AmeriaToken mobile app". PanARMENIAN.Net-. August 28, 2014. Retrieved 2 September 2014.
^ "Proposed acquisition of Ameriabank CJSC". London Stock Exchange. February 19, 2024. Retrieved February 21, 2014.

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