Fitch keeps Ameriabank's credit rating at "B +" level with "Stable" forecast. As it is mentioned in Fitch Ratings's press release from August 23 it is a long-term rating in foreign and national currencies and the short-term foreign and national currency has remained at the "B" level.
The efficiency, capital and liquidity of the bank are remarkable with a high degree of balance, which are caused by the recovery of Armenia's economy and stability of the dram, Fitch analysts say. However, they point out that the large concentration of prevailing dollar loans creates risks in the balance sheet.
It should be noted that Ameriabank is the leader in terms of total capital, assets, credit investments, liabilities and attracting funds from international organizations.
As of July 1, 2017 Ameriabank's total capital amounted to 67.8 billion drams, its charter capital - 39.8 billion drams, assets - 653.3 billion, credit investments - 419.9 billion (64.3 percent of assets), investments in securities - 67.3 billion drams (including government bonds 58.3 billion).
"Ameriabank" CJSC is a universal bank that provides investment, corporate and retail banking services in the form of a package of banking solutions. The Bank was granted Banker / FT (2016, 2015, 2013, 2010), "Excellence" (2017, 2016, 2014, 2012, 2011) award from Euromoney. As a shareholder of the bank, Ameria Group holds 65.8%, EBRD - 20.7%, ESPS Holding Limited - 13.5%. (As of 30.06.17 the exchange rate of dram was 480.47 drams / $ 1).
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