Ameriabank (Armenia)

Overview

Ameriabank (Armenia) is Armenia's largest commercial bank by assets + Bank of Georgia Group plc parent post-Mar 2024 ~$304M ~90% acquisition + delisted from AMX Armenia stock exchange Apr 2024 [1, am-cro]. 2025 baseline: Ameriabank Armenia's largest commercial bank by assets + Bank of Georgia Group plc parent post-Mar 2024 ~$304M ~90% acquisition.

History

1992 — Armenian Industrial Bank ARMIA Bank founded distinctive Armenian banking heritage (post-Armenian independence).

2007 — Ameriabank CJSC rebranding distinctive Armenian banking rebrand.

2014 — Ameriabank Mobile Banking app launch distinctive Armenian mobile banking strategy.

Mar 28 2024 — Bank of Georgia Group plc (LSE: BGEO) acquires Ameriabank for ~$304M cash + Bank of Georgia ~90% controlling Ameriabank distinctive Georgian-Armenian banking acquisition.

Apr 2024 — Ameriabank delisted from AMX Armenia stock exchange post-Bank of Georgia acquisition.

Ownership & operator

Operating entity: Ameriabank CJSC (Armenia's largest commercial bank by assets; Bank of Georgia Group plc parent post-2024 ~90% acquisition + delisted).

Major shareholders: Bank of Georgia Group plc (LSE: BGEO; Georgian banking holding) ~90% controlling post-Mar 2024 $304M acquisition + Armenian retail + institutional + foreign investors.

Regulators: CBA (Central Bank of Armenia).

Technical integration

Ameriabank Mobile Banking app (iOS + Android) + ameriabank.am online + Ameriabank branch network across Armenia + Ameriabank Visa + Mastercard + ArCa cards; Armenia IBAN + Idram + ArCa (Armenian Card payment network).

Implementations & partners

Bank of Georgia Group ecosystem: [[bank-of-georgia]] (Bank of Georgia Group plc; LSE: BGEO; Georgian banking holding + Bank of Georgia JSC Georgia's largest commercial bank by assets + Ameriabank Armenia parent post-Mar 2024 ~90% acquisition).

Major Armenian banking competitors: [[acba-bank]] (ACBA Bank Armenia; Crédit Agricole French parent ~9% strategic shareholder) + [[converse-bank]] (Converse Bank Armenian commercial bank; Eduardo Eurnekian Argentine-Armenian businessman ownership) + [[inecobank]] (Inecobank Armenian commercial bank) + [[evocabank]] (Evocabank Armenian commercial bank + digital-focused) + idram (Idram Armenian mobile wallet + payments processor).

Regulator: CBA.

Status

Active, Armenia's largest commercial bank by assets + Bank of Georgia Group plc parent post-Mar 2024 ~$304M ~90% acquisition + delisted from AMX Armenia stock exchange Apr 2024 [1, 2]:

• Ameriabank CJSC (Armenia's largest commercial bank by assets) since 1992 Armenian Industrial Bank ARMIA Bank founding + 2007 Ameriabank CJSC rebranding + 2014 Ameriabank Mobile Banking app launch + Mar 28 2024 Bank of Georgia Group plc acquires Ameriabank for ~$304M + Apr 2024 Ameriabank delisted from AMX Armenia stock exchange.
• CBA regulated.

Sources

• 1 Ameriabank — official
• 2 Ameriabank — Wikipedia
• am-cro In-corpus: reports/countries/AM-armenia.md

Source

Biography extracted from ameriabank.md. See matrix.md for standards-support matrix if present.