Ameriabank Awarded A Prize “Superiority” Of Euromoney 2011 As The Best Bank Of The Year In Armenia

YEREVAN, July 8. /ARKA/. Ameriabank awarded a prize “Superiority” of the magazine Euromoney 2011 as “The best bank of the year” in Armenia, said Member of Directorate, Director of Retail Banking of Ameriabank Vazrik Sekoyan.

Official ceremony of awarding the prize took place on July 7 in London.

“As the organizers of the competition mentioned, Ameriabank was announced a winner due to effective management system, its position in the local market, introduction of new services such as financing of shopping orders, classic factoring, structural deposit, metallic accounts, as well as introduction of two commercial systems – America Global Trading which provides access to 80 largest stock markets of 19 countries worldwide and the system Web Trader which makes the commercial account accessible in any point of the world, high rates of the development of the bank, increase of assets, liabilities and capital, as well as the process of successful merging with Cascade bank and efficiency of attraction of credit resources from international structures.

Famous magazine Euromoney conducts assessment of the results of activity of the best financial structures of the world starting from 1992 giving awards in different segments. The prize Superiority” of Euromoney includes 25 prizes in different nominations of banking system and capital market.

Traditionally the banks and brokerage companies of over 100 countries participate in prize nomination.
According to the version “The Banker” of famous magazine Financial Times, Ameriabank was recognized the best Armenian bank in 2010.

Ameriabank cjsc is a universal bank providing investment, corporate and retail banking services within the comprehensive portfolio of banking solutions.

Ameriabank cjsc (earlier “Armimpexbank” renamed in May 2008) was established in July 1992 on the basis of the branch of Vnesheconombank of USSR. On September 8, 1992 the bank received CBA license for banking activity. In August 2007 the assets of the Bank were obtained by “T-D-A Holdings Limited” – affiliate of leading and the largest Russian investment-banking company, the Group “Troyka Dialog”.–0-

spot_img

POPULAR

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

Russian restrictions on the export of cash rubles will not significantly impact labor migrants and relocators —  Armenian Central Bank Governor

Restrictions on the export of cash rubles from Russia are not expected to have a significant impact on labor migrants from Armenia and relocators, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Central Bank of Armenia has tightened liquidity requirements for banks, taking into account the risk of large outflows of funds – Galstyan

The Central Bank of Armenia has tightened liquidity requirements for banks with large, concentrated foreign currency inflows to limit the risk of a potential outflow of funds.

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

LATEST NEWS

spot_imgspot_imgspot_img