Ameriabank: 100 years is just the beginning

PanARMENIAN.Net - Ameriabank has launched a new motto “100 years is just the beginning.

During a press conference, the bank’s development director Tigran Jrbashyan briefed on Ameriabank history.

Ameriabank was established in 1910 as a branch of Caucasian Trade Bank, which during the Soviet years was transformed to the Armenian branch of the USSR Vneshtorgbank. In July 1992, Armenian Import-Export Bank CJSC was founded, which received a banking license from the Central Bank of Armenia on September 8 of the same year. In April 1995, a foreign investor, Computeron Industrials Establishments, purchased the majority of shares of the Bank. Another turning point in the history of the oldest Armenian bank started in 2007, heralded by the replenishment of the Bank’s resources and drastic upgrading of its services portfolio, to meet development trends and the demands of global and domestic markets. In August 2007, the main share holdings of the Bank (96%) was obtained by TDA Holdings Limited, an investment company affiliated with the leading and largest Russian investment group company – Troika Dialog.

“We will maintain the traditions that developed during 100 years. The bank has also prepared 100 surprises for its clients,” Jrbashyan said..

“In the 4th quarter of the current year we will offer innovative products. Besides, the bank initiated a contest of essays with the theme “What will Armenian banking system and economy look like in 100 years,” he added.