Ameriabank considering purchase of bank in Georgia

YEREVAN, October 21, /ARKA/. Armenian Ameriabank is considering the possibility of buying a bank in neighboring Georgia, Ameriabank marketing director, Tigran Jrbashian, told a news conference October 20.

He said the plan was prompted by established contacts with Georgian peers and the similarity of Georgia’s and Armenia’s banking legislations.

He said also America group of companies opened an office in the USA in the third quarter of the year. According to him, many American-Armenians have become its customers seeking advice and consultations. He said many of them want to buy homes in Armenia. He said soon the American office will accept deposits and offer money transfer services.

Tigran Jrbashian said also Ameriabank plans to open Komitas branch in Yerevan that ‘will become one of the best branches in Yerevan due to its convenient location.’ Today the bank has eight branches across the country. Another, Shengavit, branch is under construction.

Vanadzor and Moskovian branches opened this year operate successfully and are ready to handle more customers, Jrbashian said.

The changes that Armenia’s economy has undergone since the global crisis are not sufficient to reverse the negative impact of a possible second wave, Tigran Jrbashian said, adding that the first crisis had a very interesting impact on Armenia.

“It made us seriously reconsider the investment preferences, the share of the construction sector in GDP has decreased on the one hand and the share of industry has increased,” he said.

Ameriabank is a universal bank that provides investment, corporate and limited retail banking services. It is owned by Troika Dialog, one of the largest Russian investment companies.-0-

spot_img

POPULAR

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

LATEST NEWS

spot_imgspot_imgspot_img