Ameriabank has been named the Bank of the Year 2022 in Armenia by The Banker Magazine, a leading global finance news publication affiliated with the Financial Times (FT).  

The bank said in a news release that winners of the Bank of the Year Awards were announced at the 2022 Banker Awards ceremony held on December 1 in London. The prestigious award recognizes the financial performance, and innovative banking solutions of financial institutions in more than 100 countries.

It is noted that in its selection, The Banker’s panel of international judges considered Ameriabank’s dynamic growth over the past years, its market-leading share per major financial metrics, improved profitability, strategic initiatives which have given the Bank a competitive advantage in the market and the service quality. The judges highlighted also the Bank’s successful course of digital transformation, the green portfolio and efforts in addressing climate change and other environmental issues in Armenia.

“We are proud to receive the Bank of the Year prestigious award adding it to the impressive list of our accolades and achievements received throughout 2022. Our sound corporate governance, change-adaptive culture and digital transformation were key to successfully navigating the market turbulence and adapting to the progressively growing needs of digitally native customers. We will continue investments in digital transformation and human capital to enhance our operational efficiency and innovate in order to become a trusted financial technology space with seamless solutions to improve the quality of life,” Artak Hanesyan, CEO at Ameriabank, commented.

Ameriabank is honored with the Bank of the Year Award for the eighth time.  More on the bank’s awards and achievements in 2022 can be viewed here.