Ameriabank named Best Bank in Armenia for 2024 by Global FinanceMarch 29, 2024 - 18:17 AMT PanARMENIAN.Net - Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks. Winners have been chosen in nearly 150 countries, territories and districts in the world with consideration of criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products as well as the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. According to Global Finance, the winners of this year’s awards are those banks that carefully addressed their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success. Winning organizations managed their assets and liabilities in a savvy way in light of the fast-changing interest rate scenarios. “Banking has reached another watershed moment with the debut of generative artificial intelligence, which promises to rewrite the industry playbook,” said Joseph D. Giarraputo, founder and editorial director of Global Finance. “In this ever-changing environment, the Best Bank Awards recognize the financial institutions that offer the broadest range of services, long-term reliability, and technological innovation.” "We are honored to receive the Best Bank Award for another year. This recognition reflects our team's dedication to delivering strong results across all business directions. It also highlights our focus on technological innovation, allowing us to adapt swiftly to the changing environment and, most importantly, to the growing needs of our customers. I would like to extend my gratitude to Global Finance for this prestigious award and stress that it will reinforce our commitment to excellence and innovation in serving our customers," Artak Hanesyan, CEO at Ameriabank, commented. To note, Ameriabank has been awarded the Best Bank of Armenia for the tenth time and the fourth consecutive year. Ameriabank is a leading financial and technology company in Armenia, a major contributor to the Armenian economy, with assets exceeding AMD 1 trillion. In the course of digital transformation, it has launched a number of innovative solutions and platforms going beyond banking-only needs of its diverse customer base, thus creating a dynamically evolving financial technology space. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |