00:00
1USD = AMD
1EUR = AMD
1RUB = AMD
Ameriabank. 62.5% Growth in Taxes YOY PAUL Armenia will be located at a historical building in Yerevan: Co-Chairman of the Board of Directors of the Galaxy Group of Companies Artyom Khachatryan have been released details of the long-awaited project S&P Improved the Outlook on Ameriabank to Positive Global Finance Names Ameriabank the Safest Bank in Armenia "Fall forward": Gurgen Khachatryan, the Co-Founder of the Galaxy Group of Companies, addressed a message to young people in Armenia The Galaxy Group of Companies celebrates 22nd anniversary. The occasion was marked by a special rock-classical concert Thanks to Karen Vardanyan’s support amounting to 105 million AMD, Yerevan Botanical Garden will be revived. Generation A 13 – your chance to be the change Armenian winemakers returned from MUNDUS VINI 2021 international competition with 9 medals, of which 6 gold և 2 silver were brought home by Armenia Wine WineryHumane and spiritual values are eternal

TRANSFORMATION AND TRUST ARE IMPORTANT FOR SUCCESS IN MODERN BANKING. ARTAK HANESYAN

In an interview for GlobalMarkets, Artak Hanesyan, Ameriabank’s CEO, explains the bank’s strategy and highlights some of the key reasons for its success in the Armenian market.  

Global Markets: What are some of Ameriabank’s main businesses, strengths and competitive advantages?

Artak Hanesyan: Ameriabank believes in the potential and future of the Armenian economy. One of our strengths is our openness to transformation. Realizing our potential, and achieving success, comes not only from recognizing the need for change, but actually leading change and transforming. That is how we successfully navigated through the 2008 global financial crisis. That is how we transformed from a leading corporate and investment bank to leading universal bank in Armenia. That is why we have been pursuing digital transformation, investment which prepared us for some of the challenges we all faced in 2020. 

Since 2008 we have played a fundamental role in the empowerment of Armenian businesses and the Armenian people. We are the largest financial institution in Armenia, committed to bringing exceptional banking services, products and experiences to our clients and partners. Our growth and development has been based on a long-term vision, strategy and set of objectives, rather than on short-term interests. In addition, we have thrived on the trust and longstanding relations with our clients, partners and shareholders. They have inspired us to develop dynamically and transform from a traditional bank to essentially a financial and technological ecosystem built around human needs.

Global Markets: What are some of the bank’s key achievements and successful projects over the past 12 months?

Artak Hanesyan: Despite the difficulties and challenges faced by the global economy last year, we performed well and achieved some good results. As of the first quarter of 2021, Ameriabank maintained its leadership, ranking first among Armenian banks by key financial indicators, including: assets; liabilities; loans; deposits; profit; and equity capital. In fact, at the end of the first quarter, the bank’s ROA and ROE were 1.5% and 14.2%, respectively. We are also leading the Armenian corporate bond market with a share of 26% of the market, and in pursuit of our strategy to transition to universal banking model, we increased the share of retail and SME loans. In addition, we have made significant progress in distance and digital banking, with our online banking penetration rate reaching 48% (up by 12pp.) in 2020.

Global Markets: Ameriabank accessed the green bond market for the first time this year. What are your plans to further develop green finance in Armenia?

 Artak Hanesyan: Successfully issuing the country’s first green bonds was another significant achievement for the bank in the past year.  We issued a total of €42m of green bonds in close cooperation with our long-term partner, FMO, which is a public-private development bank and an anchor investor in the bonds. Sustainalytics has verified our Green Bond Framework’s alignment with the international green bond principles and global market standards in its second-party opinion. The funding raised via green bonds provides an unrivalled opportunity to finance green projects that contribute to environmental sustainability. As for the plans for the future, we aim to become the leading green bank in Armenia and look forward to greater cooperation with our partners.

Global Markets: In what digital technologies does Ameriabank see the greatest potential? What are Ameriabank’s key priorities for 2021 and strategic goals for the future?

Artak Hanesyan: To succeed, a bank needs to adapt to rapidly changing environment. Our priorities for the current year are further digital transformation and diversification. Accordingly, we are consistently expanding the capacity of distance banking, improving the quality of digital services, increasing the share of retail and SME loans, simultaneously setting the goal of double-digit growth of the loan portfolio. This will help us achieve our strategic goals, such as enhancing the performance efficiency, achieving further growth in key financial indicators, ensuring high satisfaction of our clients, partners, team and shareholders, as well as maintaining an absolute leadership in the financial market of Armenia.

Global Markets: In a number of recent interviews, your international partners have mentioned that Ameriabank is ready for IPO. What plans does Ameriabank have for an IPO?

 Artak Hanesyan: Over the past few years, we have become the largest bank in the country and achieved the highest level of cooperation with international partners. We are also constantly improving our corporate governance. An IPO would be a very important strategic milestone for us and would help support our long-term growth plans. Being a public company also means that we follow best practice in corporate governance, reporting and transparency. In this regard, I am proud to state that we already operate like a public company, being one of the exceptional companies in Armenia with a corporate governance system in compliance with IPO prerequisites. We are constantly following international capital markets, our listed peers, and have set relevant benchmarks for a successful IPO. We will launch the IPO process once we reach our mid-term targets. Timing will also depend on market conditions. As important as this is for the bank, it should also be said that whatever we do to support our growth and development, it has one ultimate goal – to help improve the quality of life. The formula of our success is transformational mindset and trust in the potential of our team, our country and economy we live and work in.

Բաժանորդագրվեք մեր YouTube ալիքին
Լրահոս
24 Oct
Ameriabank. 62.5% Growth in Taxes YOY With the help of 300 million AMD aid by Vardanyan brothers, 150 low-income families in Armenia will gain happinessPAUL Armenia will be located at a historical building in Yerevan: Co-Chairman of the Board of Directors of the Galaxy Group of Companies Artyom Khachatryan have been released details of the long-awaited project S&P Improved the Outlook on Ameriabank to Positive Global Finance Names Ameriabank the Safest Bank in Armenia "Fall forward": Gurgen Khachatryan, the Co-Founder of the Galaxy Group of Companies, addressed a message to young people in Armenia The Galaxy Group of Companies celebrates 22nd anniversary. The occasion was marked by a special rock-classical concert Thanks to Karen Vardanyan’s support amounting to 105 million AMD, Yerevan Botanical Garden will be revived. The Drone Show is now in Armenia - an interview with an Armenian company about the details of the novelty in the field of advertising and entertainmentGeneration A 13 – your chance to be the change Armenian winemakers returned from MUNDUS VINI 2021 international competition with 9 medals, of which 6 gold և 2 silver were brought home by Armenia Wine WineryHumane and spiritual values are eternalArmenia economy minister: Arrival of trucks from Iran to Yerevan is currently solved by bypass roadRelatives of soldiers who died in Artsakh war gathered in front of government buildingPolice special forces apprehend young man for shouting against Armenia PMArmenia justice minister: There are human rights violations due to Azerbaijan's policyArmenia PM: Azerbaijan has blocked road to strike at peace agenda put forward by usArmenian Ombudsman talks food, medical services access’ issues amid Azerbaijani crimesUS President believes Russian authorities know names of hackersEthiopia separatists kill 210 civilians4th blast thundered in KabulNewspaper: Criminal case to be initiated over Armenia parliament incidentRussia peacekeepers in Artsakh provide security for start of reservoir constructionWhite House responds to call for Biden's resignation13 new cases of coronavirus reported in Artsakh, including young childrenMissing servicemen’s relatives end demonstration in front of Armenia government buildingNational Security Service: Azerbaijan informed Armenia that one of their border detachments was attackedTRANSFORMATION AND TRUST ARE IMPORTANT FOR SUCCESS IN MODERN BANKING. ARTAK HANESYAN Ameriabank Launches Erebuni BranchAmeriabank. The Largest Taxpayer among Armenian Banks according to the Results of the Second Quarter of 2021 Ameriabank Receives Euromoney Award for Excellence 2021 as the Best Bank in Armenia Moody's revised the Outlook on Ameriabank to Stable Ameriabank’s Mashtots Branch Opened its Doors and Has a Special Offer on Privileged Terms for New ClientsArtak Tovmasyan has announced about the unreliability of electoral lists in parliamentary electionsMy team and I will be a "pressure group" for the next government. ArtakTovmasyanS&P Revised the Outlook on Ameriabank to Stable ''I believe that OeEB and Ameriabank have a great strategic fit’’Ameriabank ready for initial public offering of shares - Managing Director, Financial Institutions for EBRDCatholicos of All Armenians heads for Syunik Province, Artsakh108 new cases of COVID-19 confirmed in ArmeniaAzerbaijan authorities plan to "squeeze" everything from "terrorist show" related to Armenian captivesArmenia acting premier: We had recorded 40% increase in tax revenues according to 2019 resultsPresident: Impossible to ensure peace in region or stay in Artsakh without Russia army joint effortsArmenia judiciary to have 10 more judgesArmenia MFA information department chief: All deputy FMs carrying out their dutiesAmeriabank Announces a Contest for Bank Card Design The construction of the “Eternity Square” has already begun.BSTDB Provides EUR 23 million Loan to Ameriabank to Boost SME Financing in ArmeniaThe gift from benefactor Mikayel Vardanyan to students of Special Educational Complex for Children with Hearing Disorders in the amount of 109 million AMDInterview with Francis Malige
Ամենադիտված