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Ameriabank CJSC, Armenia’s largest bank, today welcomes the award granted by the International Finance Corporation (IFC) for Best Issuing Bank Partner in the Caucasus and Central Asia in 2017, the bank’s press service told Panorama.am.

“We greatly appreciate this award and our long-standing partnership with the IFC. We began cooperation with the IFC in trade finance in 2009 and have since then been able to substantially increase our trade financing activities and promote the development of different sectors of the Armenian economy,” Suren Kocharyan, the head of the bank’s Trade Finance, said.

“We do expect to see considerable growth this year as well, especially given the Positive Outlook for Armenia by Fitch Ratings in June.”

This is the third IFC award granted to Ameriabank. The Bank had previously received the award for Most Active GTFP Issuing Bank in the Caucasus and was also nominated as Best GTFP Issuing Bank for Energy Efficiency in Europe and Central Asia.