Categories: Finance

Armswissbank was awarded “Most active issuing bank in Armenia in 2019” by EBRD

In prestigious annual TFP Awards organize by EBRD within the scope of Trade Facilitation Programme (TFP) ARMSWISSBANK CJSC was awarded the “Most Active Issuing Bank in Armenia in 2019”

This award comes to attest the Bank’s successful and year by year growing activity within the scope of Trade Finance with EBRD. Currently, ARMSWISSBANK has USD 22 mln limit approved by EBRD.

It is noteworthy that last year the Bank, as result of its multilateral and effective cooperation with EBRD, has been granted with three other awards as well, namely;

  • “Most Active Issuing Bank in Armenia in 2018” at EBRD’s annual meeting held in Sarajevo
  • “Agent For Change 2018” for its role in supporting green investments in the food industry, as result of its efficient activity in the field of renewable energy and energy efficient equipment introduction.
  • Special award by Frontclear for repo transactions amounting AMD 6.6 bln (USD 13.5 mln) within the framework of the Global General Repo Agreement (GMRA) concluded between the Bank and EBRD on January 2018.

The collaboration between ARMSWISSBANK CJSC and EBRD dates back to 2010. The cooperation has developed in a number of directions, particularly, within the scope of SME Lending Program, Trade Finance Program, GCF-GEFF Armenia Energy Efficiency Program and Global Master Repo Agreement (GMRA), which regulates the process of concluding repo transactions with securities in international financial markets.


Hard Rock Cafe is Coming to Armenia

Armenian National Interests fund (ANIF) is pleased to announce the launch of the world-famous Hard Rock Cafe brand in Yerevan,…

2 hours ago

Informed means protected: IDBank

Did you know that in order to ensure your information and financial security, special subdivisions are operating in the Banks…

8 hours ago

OPEC Fund Partners Ameriabank to Address Problems and Help to Improve the Life of People in Armenia. T. Alnassar

Tareq Alnassar, OPEC Fund Assistant Director-General, Private Sector and Trade Finance Operations, talks about OPEC Fund’s partnership with Ameriabank, projects…

4 days ago

Armenian corporate bond indices are already available on the official website of AMX-Armenia Securities Exchange

Based on the best international experience, Armenia Securities Exchange has developed and for the first time in the region introduced…

5 days ago

Generation A: Edition 14. Exclusive Chance to Begin Your Professional Career with Ameriabank

December 01, 2021 For the second time this year, Ameriabank opens its much-anticipated youth program Generation A. Generation A 14…

5 days ago

Unity – “Happy New Tariff!” Ucom Launches Its Best Offer Ever

Ucom has introduced a new – Unity tariff, which combines both fixed and mobile services for the entire family. By…

5 days ago

With the Technical Support of Ucom “Capture the Flag” Information Security Contest Took Place

Оn November 27-28, 2021 with the technical support of Ucom “Capture the Flag” Information Security Contest, organized by the Enterprise…

1 week ago

One Success Story: Trimming the Spirits

Hermine Harutyunyan founded HERMINA beauty parlor 5-6 year ago together with her sister.  The sisters have rich practice.  They have…

1 week ago

US$30m OPEC Fund loan to Ameriabank to promote sustainable energy and support small businesses in Armenia

The OPEC Fund for International Development (the OPEC Fund) and Ameriabank, the largest universal bank in Armenia, have signed a…

1 week ago