Ameriabank has been honored with four awards for achievements in environmental and social sustainability financing at the third annual Sustainable Finance Awards by Global Finance magazine, held recently in London, UK.

In particular, Ameriabank has been named the Best Bank in Sustainable Finance in Armenia for the second year in a row and this year also honored in 3 other regional nominations:

•   Outstanding Leadership in Sustainable Project Finance in Central & Eastern Europe 2023

•   Outstanding Leadership in Green Bonds in Central & Eastern Europe 2023      
                                                                          
•   Outstanding Leadership in Transition/Sustainability Linked Loans in Central & Eastern Europe 2023

Armen Aslanian, Ameriabank’s representative in London, received the awards on behalf of the bank.

“These awards are the recognition of our commitment and significant progress in promoting environmental responsibility, in line with our SDG-driven sustainability strategy. We remain focused on innovative financing tools and responsible business practices in our operations to ensure sustainable development and create long-term value. We would like to express our gratitude to Global Finance for continued appreciation of our pursuit of a sustainable future,” said Ameriabank CEO Artak Hanesyan.

Working closely with international financial institutions to contribute to development of green economy has always been an important part of Ameriabank’s business. Since 2009, the bank has financed more than USD 225 million worth energy efficiency and renewable energy projects with the support of various international financial institutions.

Following the first private placement of Green Bonds in 2020, in 2022 Ameriabank became the first in Armenia to issue and place Green Bonds publicly. All the Green Bonds of Ameriabank having been successfully placed, their proceeds – a total of c. 60 million USD – are used to finance the bank’s Green Assets Portfolio – from renewable energy to waste management.

Earlier this year, Ameriabank was named the Best Bank and Best Investment Bank in Armenia by Global Finance.