Sun, 12 October
19.1 C
Yerevan
USD: 382.68 RUB: 4.71 EUR: 442.80 GEL: 141.21 GBP: 507.66

Armenian Ameriabank wins two awards of German Commerzbank for its 2010 performance

YEREVAN, April 15, /ARKA/. Armenian Ameriabank said in a press release it has won two awards of German Commerzbank for its 2010 performance. The first award was given for its flawless cooperation in trade financing and the second prize called Quality Excellence was given for executing international transactions.

According to the press release, Ameriabank saw last year a triple increase in trade financing transactions and was given the German bank’s award for the second year in a row.

Commerzbank honors the awards annually to best partner banks for securing high quality and quantity criteria in international transitions.

Ameriabank executes all international transfers via Straight Through Processing system that enables to execute transfers automatically and with the highest possible speed. Gagik Sahakian, head of Ameriabank’s corporate clients department, took part in the awarding ceremony in Germany.

Ameirabank is owned by TDA Holding, an affiliation of one of the largest Russian investment companies Troika Dialog.
Commerzbank was founded in 1870. It is the second largest bank in Germany in terms of assets size which total 400 billion euros. Its 36,000 staff serves 8 million clients in more than 40 countries.-0-

spot_img

POPULAR

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img