Ameriabank
| Company type | Closed joint-stock company |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1910 |
| Headquarters | Yerevan , Armenia |
Area served | Armenia |
| Products | Corporate banking, Investment banking, Retail banking |
| Parent | Bank of Georgia (pending acquisition) |
Ameriabank CJSC () operates as a universal financial institution in Armenia, delivering services across corporate, investment, and retail banking sectors. Its main office is located in Yerevan, Armenia.
History
Established in 1910 originally as a branch of the Caucasian Trade Bank, Ameriabank later functioned as the Armenian division of the Foreign Trade Bank of the USSR throughout the Soviet era. Following the dissolution of the Soviet Union, it secured its independence in 1992 by obtaining a banking license from the Central Bank of Armenia. By 2014, Ameriabank had been honored with the Euromoney award for Armenia’s best bank on three occasions.
In 2014, the bank introduced AmeriaToken, a one-time password device aimed at strengthening digital transaction security.
The European Bank for Reconstruction and Development (EBRD) became a shareholder in December 2015, contributing AMD 6.64 billion to increase Ameriabank’s statutory capital. Subsequently, in February 2018, the Asian Development Bank (ADB) also invested in the bank, adding AMD 5.21 billion to its capital base.
In February 2024, an agreement was signed by Ameriabank’s leadership regarding its acquisition by the Bank of Georgia, subject to approval from shareholders and regulatory authorities.
Currently, Ameriabank’s statutory fund totals AMD 54.41 billion, consisting of 117,021 ordinary shares each valued at AMD 465,000.