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Ameriabank was established in 1910 as a branch of Caucasian Trade Bank, which during the Soviet era was transformed to the Armenian branch of the USSR Vneshtorgbank. 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 ...
The top five largest banks in terms of assets were Ameriabank, Armbusinessbank, Ardshinbank, Acba bank and Inecobank, which accounted for 55.8% of all assets. [21] Out of 17 banks 15 were profitable in 2017. The top five banks by size of net profit were Ameriabank, Inecobank, Ardshinbank, Acba bank and IDBank. Ameriabank was the most profitable ...
In February 2024, Bank of Georgia announced the proposed acquisition of 100% of a leading bank in Armenia, Ameriabank, for approximately $303.6 million. Awards. Bank of Georgia’s achievements in the digitalization process has been recognized worldwide – The bank has won the following global awards:
For the whole Armenian economy and international commerce, 2020 was a year of decline. In a variety of areas, Armenian commodities are being exported and imported at a lower rate. According to the Armenian Statistical Committee, Armenia exported goods worth $2.544 billion in 2020, a fall of 3.9 percent from 2019.
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