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Galaxy Group Member TI’MEcelebrated its 10 years of establishment At the expense of the «Tovmasyan» Foundation in the basic school No. 143 after. Movses Khorenatsi opened a modern engineering laboratory With the support of Mikayel and Karen Vardanyans in the amount of 136 million AMD, the Myasnikyan monument was thoroughly repairedClassical music is part of the corporate culture. A joint project of Galaxy Group of Companies and the State Symphony Orchestra of ArmeniaKaren Vardanyan donated passenger cars and necessary inventory to 5 orphanages in Armenia on the occasion of June 1st Ameriabank awarded with TFP Prize for Deal of the Year 2021: Green Trade by EBRD Global Finance names Ameriabank Best Bank in Armenia in 2022 Armenia is a good place to invest in. The interview of Artyom Khachatryan, Co-Chairman of Galaxy Group, with HOTCOLindsay Forbes talks about the role of IPO and corporate governance Ameriabank is the First in Armenia to Place Green Bonds via Public Offering

S&P Improved the Outlook on Ameriabank to Positive

S&P Global Ratings improved the outlook on Ameriabank, revising it to positive from stable and affirmed 'B+/B' long- and short-term issuer credit rating on the bank.

Ameriabank rating update follows the sovereign rating action: S&P assigned 'B+' long-term sovereign credit rating to Armenia, with positive outlook. This is the first sovereign rating assigned to Armenia by S&P.

The 'B+' long-term rating on Ameriabank is one notch lower than its stand-alone credit profile (SACP) rated “bb-“, due to the sovereign’s creditworthiness constraint.

The revision of the outlook on Ameriabank to positive from stable follows robust recovery of the Armenian economy in the first half of 2021. S&P has revised upward the real GDP growth forecast for Armenia to 6.3% in 2021 and an average of 4.3% in 2022-2023. In S&P’s view, the stabilization of the macroeconomic and fiscal environment in Armenia should reduce risks for the Armenian banking system and create a more favorable operating environment for Ameriabank's business and financial profile, supporting new business growth and asset quality.

S&P considers Ameriabank well positioned to retain its leading market positions in Armenia, supported by good macroeconomic growth prospects and due to the bank's strong domestic brand, professional management team, advanced digitalization strategy and adequate corporate governance.

About Ameriabank

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions in Armenia with clearly formulated digital agenda. Being the first investment bank in Armenia, Ameriabank provides a large package of innovative banking services. Now Ameriabank is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. Ameriabank is the largest bank in Armenia according to the most recent reportable data, with assets exceeding AMD 1 trillion.

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4 Dec
Ameriabank named the Bank of the Year 2022 in Armenia by The Banker MagazineAmeria PhonePOS. New application for receiving non-cash payments with a smartphoneAmeriabank Launches Google Pay and Google Wallet Support for Card Users in ArmeniaKaren Vardanyan donated life-saving modern equipment of 112 million drams to the National Center for Infectious Diseases Galaxy Group Member TI’MEcelebrated its 10 years of establishment Ameriabank: At the Vanguard of Armenia's Banking SectorAt the expense of the «Tovmasyan» Foundation in the basic school No. 143 after. Movses Khorenatsi opened a modern engineering laboratory Global Finance Names Ameriabank the Safest Bank in ArmeniaWith the support of Mikayel and Karen Vardanyans in the amount of 136 million AMD, the Myasnikyan monument was thoroughly repairedClassical music is part of the corporate culture. A joint project of Galaxy Group of Companies and the State Symphony Orchestra of ArmeniaLargest Corporate Bond Program at the Securities Market of Armenia Completed Successfully GeoProMining continues to replenish the technical fleet for maintenance of utilities in communitiesWith the support of Mikayel Vardanyan in the amount of 120 million AMD, soldiers injured in the war will recover in a new building Ameriabank Receives the Most Innovative Digital Bank Regional Award 2022 by Global Finance Magazine Armenian assets of GeoProMining Group of Compaines have significantly increased payments to the state budgetGeoProMining will assist in the reconstruction of the House of Culture of the city of AraratGeoProMining expands cooperation between Armenian and Russian universitiesThe prospects for the economic stability in Armenia were discussed at the meeting organized by Galaxy Group of Companies and the European Business AssociationLeading International and Armenian Companies Focusing on Ecosystem Solutions Join Orion Summit 2022 Non-Cash Summer: A Chance to Win 22 Travel Vouchers for the Clients of Ameriabank Karen Vardanyan donated passenger cars and necessary inventory to 5 orphanages in Armenia on the occasion of June 1st Ameriabank wins Best Bank in Sustainable Finance award for 2022 Ameriabank awarded with TFP Prize for Deal of the Year 2021: Green Trade by EBRD GeoProMining invested 100 mln. dram in subvention programs in Vardenis regionGeoProMining Armenian assets are in the list of ten largest taxpayersThe third event of DispruptHR Yerevan 2022, represented and implemented by Cascade People & Business, was held with the support of Galaxy Group of CompaniesMikayel Vardanyan provided financial assistance to 348 single mothers of children with disabilities on the occasion of Motherhood DayGlobal Finance names Ameriabank Best Bank in Armenia in 2022 300 gifts, 3 promotional draws ․ Winners of Ameriabank’s promotional draws “Live Armenian”, “Live with a Smile” and “Live Limitless” are announced Armenia is a good place to invest in. The interview of Artyom Khachatryan, Co-Chairman of Galaxy Group, with HOTCOThe result of cooperation between the «Tovmasyan» Foundation, «Goodnes without borders» and «Via Magna Vranov». The first batch of humanitarian aid arrived in OdessaOn the occasion of March 8th, Karen Vardanyan donated 96 million AMD to mothers of many children in Syunik province.Lindsay Forbes talks about the role of IPO and corporate governance Ameriabank is the First in Armenia to Place Green Bonds via Public Offering The Tovmasyan Foundation organized a flash mob on the occasion of the 30th anniversary of the Armenian Army (video)Ameriabank. The Largest Taxpayer among Armenian Banks According to the Results of Year 2021US$ 25 million to Ameriabank from EBRD and donors for private sector lendingAmeriabank Brings Apple Pay to Customers Ameriabank has Raised EUR 15M Tier 2 Capital from Triodos Investment Management Next Branch of Ameriabank Launched in Malatia-SebastiaThanks to financial support amounting 100 million drams from Karen Vardanyan, “Muratsan” University Hospital Complex has been replenished with new medical equipmentA hospital room was opened in Armenia's first child palliative care clinic with the support of the “Tovmasyan” FoundationAmeriabank has Signed USD 20 million Loan Agreements with responsAbility and the Global Climate Partnership FundTovmasyan Foundation: Christmas fair is held OPEC Fund Partners Ameriabank to Address Problems and Help to Improve the Life of People in Armenia. T. Alnassar. Generation A: Edition 14. Exclusive Chance to Begin Your Professional Career with Ameriabank Katna Armenian cheeses enter the market: the new project of Galaxy Group of Companies US$30m OPEC Fund loan to Ameriabank to promote sustainable energy and support small businesses in Armenia Mikayel Vardanyan has provided financial assistance to 464 children with disabilities in Shirak ProvinceGalaxy Group of Companies expands its activities in Belarus: a new TI’ME and Pandora store launched
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