00:00
1USD = AMD
1EUR = AMD
1RUB = AMD
On the occasion of the Army Day Mikayel and Karen Vardanyans donated 330 million drams to 1098 families of the killed in the 44-day war, having minor childrenAmeriabank named Best Foreign Exchange Bank in Armenia by Global Finance 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 HOTCO

US$30m OPEC Fund loan to Ameriabank to promote sustainable energy and support small businesses in Armenia

The OPEC Fund for International Development (the OPEC Fund) and Ameriabank, the largest universal bank in Armenia, have signed a US$30 million long-term senior loan agreement to support private sector development in the country.

Nearly 50 per cent of the OPEC Fund’s loan will be directed at financing small and medium-sized enterprises (SMEs), providing access to finance and allowing businesses to receive the necessary funds to grow their businesses and to retain and create jobs. The other half of the loan will be dedicated to support green projects, increasing energy efficiency and reducing carbon emissions in Armenia. The financing is in line with the partners’ commitment to Sustainable Development Goal (SDG) 7 – Affordable and Clean Energy, and SDG 8- Decent Work and Economic Growth.

Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, said: “We are happy to continue our successful cooperation with Ameriabank with a new facility to finance SMEs, energy efficiency and renewable energy projects in Armenia. Our new loan will help to provide working capital for SMEs, promote sustainable energy and contribute to economic resilience.”

The OPEC Fund and Ameriabank have been cooperating since 2015, contributing to the Armenian economy through SME financing and trade finance facilities. The first financing (US$20 million) supported SMEs in Armenia across a diverse range of sectors including wholesale trade, material production, food production and the hotel industry. The second (US$25 million) loan helped fund the expansion of Ameriabank’s international trade portfolio. The two facilities supported over 130 businesses in Armenia.

Artak Hanesyan, CEO of Ameriabank, commented: “I would like to express my gratitude to the OPEC Fund for our long-standing fruitful cooperation. SME financing has been our strategic focus, and we are happy to be joining efforts again to offer long-term financing to our small business clients. In line with our green strategy the funds will be primarily directed to energy efficiency projects, improving Ameriabank’s environmental footprint further.”

Ameriabank is the largest bank in Armenia by key indicators and rapidly growing its business with a special focus on green financing. Since 2009, the bank has financed more than US$250 million in renewable energy projects including solar photovoltaic and wind power.

About the OPEC Fund

The OPEC Fund for International Development (the OPEC Fund) is the only globally mandated development institution that provides financing from member countries to non-member countries exclusively. The organization works in cooperation with developing country partners and the international development community to stimulate economic growth and social progress in low- and middle-income countries around the world. The OPEC Fund was established by the member countries of OPEC in 1976 with a distinct purpose: to drive development, strengthen communities and empower people. Our work is people-centered, focusing on financing projects that meet essential needs, such as food, energy, infrastructure, employment (particularly relating to MSMEs), clean water and sanitation, healthcare and education. To date, the OPEC Fund has committed more than US$22 billion to development projects in over 125 countries with an estimated total project cost of US$187 billion. Our vision is a world where sustainable development is a reality for all.

Ameriabank CJSC

Ameriabank is a dynamically developing bank and one of the major and most stable financial institutions in Armenia with clearly formulated digital agenda. The first investment bank in Armenia, Ameriabank is a universal bank offering innovative corporate, investment and retail banking services in a comprehensive package of banking solutions. Ameriabank is the leading bank in Armenia as measured by all key financial indicators (assets, liabilities, loans portfolio, net profit and equity) according to Q3 2021 reportable data.

For further information, please visit www.ameriabank.am 

Բաժանորդագրվեք մեր YouTube ալիքին
Լրահոս
31 Jan
Ameriabank Leading the Mortgage Market Five Years in a Row On the occasion of the Army Day Mikayel and Karen Vardanyans donated 330 million drams to 1098 families of the killed in the 44-day war, having minor childrenAmeriabank named Best Foreign Exchange Bank in Armenia by Global Finance Supporting small and medium enterprises: with the participation of Galaxy Group of Companies a Christmas exhibition-market was openedMikael Vardanyan provided 111 million drams to all the underage disabled children from beneficiary families of TavushAt ONE&ONLY Theatre in Seven Visions Hotels, The Dvin took place the fashion show of world-famous wedding and evening dress designer Jacob MeyerAmeriabank 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
Ամենադիտված