Ameriabank CJSC - NASIRA PORTFOLIO
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer?
The contracting party is Ameriabank CJSC. It is a major financial institution in Armenia, offering a comprehensive range of corporate, investment, and retail banking services. Established originally in 1910, and restructured as a commercial bank in 2007, it has grown to its current leading position in Armenia’s banking sector in terms of assets, loan portfolio, and profitability. Headquartered in Yerevan, it is the largest bank in Armenia and a strategic client of FMO since 2009. Ameriabank operates as a universal bank with a strong emphasis on digital innovation. The bank has also been a pioneer in Armenia’s fintech space, launching digital platforms that extend beyond traditional banking services.
What is our funding objective?
The funding objective is to refine and enhance Ameriabank's sustainability governance and management practices. The project aims to ensure the development and efficient execution of the bank’s sustainability strategy based on best practices and international standards. Through this Technical Assistance, the Bank will standardize the indicators and the way it gathers data to be more consistent and document and report its ESG impact, including the adoption of IFRS S1 and S2 standards.
Why do we fund this investment?
Investors, regulators, and customers are increasingly demanding transparency and accountability on sustainability matters. Effective sustainability governance and management practices are crucial for ensuring responsible financing, managing ESG risks, and adhering to increasing regulatory requirements. By embedding sustainability into core decision-making processes (such as governance and leadership, stakeholder engagement, reporting standardization, and the corporate strategy), Ameriabank can align its practices with international standards and achieve positive ESG-related outcomes. This project will not only enhance the sustainability of the bank but also contribute to its transparency by developing reporting tools and a disclosure protocol. Furthermore, the execution of this project will put the Bank in a better position to raise funds from Development Finance Institutions (DFIs) as it will help meet international sustainability standards.
More investments
| Date | Total FMO financing |
|---|---|
| 9/15/2023 | USD 46.40 MLN |
| 9/15/2023 | USD 1.10 MLN |
- Website customer/investment
- http://www.ameriabank.am
- Region
- Europe & Central Asia
- Country
- Armenia
- Sector
- Financial Institutions
- Publication date
- 9/3/2025
- Effective date
- 7/28/2025
- Total FMO financing
- EUR 0.11 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A